Tuesday, June 22, 2010

Palm Beach Mortgage Rates Are Down

Palm Beach Mortgage has news on the Mortgage market. Many Real Estate Investors have been waiting to see if mortgage rates would stay steady.
Home Mortgage Loan rates fell this week along with bond yields, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 4.72 percent, down from 4.79 percent a week ago. Palm Beach Jumbo Mortgages are still available while rates on 15-year fixed-rate mortgages fell to another record low of 4.17 percent from 4.2 percent.

Also, the five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.92 percent, down from 3.94 percent last week. Finally, one-year Treasury-indexed ARMs (adjustable rate mortgages) fell to a new six-year-low of 3.91 percent, compared with 3.95 percent a week ago.

Palm Beach Mortgage also reports that Loanrise.com is coming for all of your Commercial Real Estate Mortgage needs.

Friday, June 4, 2010

Palm Beach Mortgages & Home Loan Rates

The rates on this page are typically valid for credit scores of 700 and above. For scores from 680 to 699, borrowers would typically see increased fees up to 1% of the loan value, or an adjustment in the rate.
If you are seeking a Mortgage in excess of $417,000, recent legislation may enable lenders in certain locations to provide rates that are different from those shown in the table below. We recommend that you contact us by Email directly to determine what rates may be available to you.









National Average Mortgage Rates
DescriptionAPR This WeekAPR Last Week
Home Equity Line of Credit4.901%4.898%
15 Year Fixed Conforming4.299%4.317%
15 Year Fixed Jumbo4.972%4.978%
30 Year Fixed Conforming4.877%4.893%
30 Year Fixed Jumbo5.556%5.577%
5/1 Year ARM Conforming3.878%3.905%
5/1 Year ARM Jumbo4.423%4.452%

Feel free to get the best mortgage quotes and mortgage advice by contacting us by EMAIL with no obligations.

Palm Beach Mortgage is ready to help you. We will help with a Jumbo Loan or Standard Mortgage.

We would like to make an announcement, coming soon for all your Mortgage and Non recourse loan needs is Loanrise.com.