Bronwyn Leeper's Page

We finally had a break through today in the mortgage market. The Fed decided to purchase Mortgage Bonds. The Federal Reserve just announced that it would purchase $600 billion of Mortgage Backed Securities backed by Fannie Mae, Freddie Mac and Ginnie Mae. This will help the availability of credit while lowering fixed rates. This is what we have been looking and waiting for. The mortgage rates had a nice drop today. Let’s hope this is a trend that will help the country begin lending… Continue

Here are today's rates. These rates are assuming that the borrower pays NO points.



Keep in mind this is meant to be a tool to help with pricing and does not represent individual pricing scenarios.



Based on 11/19/2008 rates. Rates are subject to change. Rates based on 80% LTV, 720 lowest mid fico of all borrowers, owner occupied, single family residence. Borrower must qualify at fully amortizing final rate.



30 Year Fixed 6.125%

15 Year Fixed 6%

5/1 Arm… Continue

As we expected the FHA loan limits have been published; attached is the loan limit by county.



FHA Loan Limits for 2009



At the bottom of the news release is a link to find FHA loan limts by county.



Please note that Douglas County had a significant decrease so make sure if you have any escrows closing (or short sales) after December 31st you will be ok with your loan… Continue

Here are today's rates. Keep in mind this is meant to be a tool to help with pricing and does not represent individual pricing scenarios.



Based on 11/10/2008 rates. Rates are subject to change. Rates based on 80% LTV, 720 lowest mid fico of all borrowers, owner occupied, single family residence. Borrower must qualify at fully amortizing final rate.



30 Year Fixed 6%

15 Year Fixed 5.625%

5/1 Arm 6.125%

30 Year Jumbo

5/1 Jumbo 6.5%

Agency Jumbo… Continue

Here are today's rates. Keep in mind this is meant to be a tool to help with pricing and does not represent individual pricing scenarios.



Based on 11/5/2008 rates. Rates are subject to change. Rates based on 80% LTV, 720 lowest mid fico of all borrowers, owner occupied, single family residence. Borrower must qualify at fully amortizing final rate.



30 Year Fixed 5.875%

15 Year Fixed 5.5%

5/1 Arm 5.625%

30 Year Jumbo

5/1 Jumbo 6%

Agency Jumbo… Continue