Current Rates

ProgramRateAPRPoints
Conf Fixed 30 4.750 4.865 0.875
Conf Fixed 15 4.250 4.311 0.000
FHA Fixed 30 4.875 4.969 0.625
FHA Fixed 15 4.375 4.513 0.500
Conf ARM 3/1 3.875 3.980 0.875
Jumbo ARM 3/1 3.875 4.757 0.875
Conf ARM 5/1 3.875 4.656 0.875
Jumbo ARM 5/1 3.875 4.656 0.875
Conf ARM 7/1 4.375 4.757 0.875
Jumbo ARM 7/1 4.375 4.757 0.875
Jumbo Fixed 15 4.250 4.443 0.875
Jumbo Fixed 30 5.375 5.489 0.875
Last update: 2010-03-10
AssumptionsMore Rates

Market Snapshot

NamePriceChange
Nasdaq2,358.95up18.27
S&P 5001,145.61up5.17
10-Yr TBill3.72up0.19
5-Yr TBill2.38up0.40
30-Yr TBill4.69up0.12
Quotes Delayed +20 Minutes.

Jim Schmidt's Blog


Deeds, Mortgages & Notes, Oh, My!

Posted by: Jim Schmidt, Sales Manager/Loan Originator
2010-03-09 15:58:39

Categories:    ::legalese:: 

Just the other day, I had a lively discussion with one of my clients who is buying a property with his girlfriend.  Due to various circumstances, we have determined that it is in their best interests to apply for the loan in only his name.  He was told by his attorney that he want's to have have his girlfriend the deed but not the mortgage.

One thing I real...

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Tags:  Mortgage,  Deed,  Note,  Loan,  Documents


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