Weekend Interest Rates

August 24th, 2007

Weekend Rates - Edina Realty Mortgage
08/24/2007-08/27/2007      
Rates are effective until 9:30 AM on Monday      
 

 Conventional  
 15 Year Fixed 5.875-6.125% 
 30 Year Fixed 6.25-6.50% 
 40 Year Fixed 6.50-6.75% 
 7/1 ARM 6.625-7.00% 
   
 CDMP – 100%, No MI   
 30 Year Fixed 6.750% 
   
 FHA/VA  
 30 Year Fixed 6.375-6.750% 
 3/1 ARM 5.875-6.375% 
   
 Jumbo  
 15 Year Fixed 6.50-7.00% 
 30 Year Fixed 7.00-7.625% 
 40 Year Fixed 7.250-7.875% 
 10/1 ARM 7.125-7.500% 
 5/1 ARM 6.750-7.375% 

Also available: No Closing Costs & Rate Buydowns      
For More Information Contact:      
 Cheryl Stuntebeck   
 Home Mortgage Consultant   
 763-551-6706   

Posted in Info for Buyers, Mortgage Market | Comments (0)







Sellers: Will You Get Paid At Closing?

August 23rd, 2007

In recent weeks we’ve seen several mortgage lenders close their doors and others dramatically scale back their loan products, tighten their underwriting standards, and stop funding some closings entirely.  In this market it is especially important that you know who the underlying lender is for the loan.  While the buyer’s loan officer may still be in business, many mortgage brokers do not fund the loans themselves but rather by lenders like Countrywide.

It is worthwhile to check in with the buyer’s loan officer every week or two till closing to verify that there’s still money there when you close!

Posted in Info for Buyers, Info for Sellers | Comments (0)








Edina Realty
612-605-2252
Edina Realty Aaron Dickinson
Licensed in MN


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AaronSOLD.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.


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Sellers: Will You Get Paid At Closing?