everything, technically and fundamentally,  is
favoring higher interest rates. Tomorrow August
existing home sales is expected to show an
increase of 2.4%; however it is reported it will
provide an insight into whether the higher rates
are having any impact on sales. Also FOMC minutes
is expected to come out tomorrow to make market
confused again.

Lock Now.


Conforming loan (<=$417k)

Purpose of Loan    30 YR   15 YR   5/1  7/1
Purchase Loan    4.375  3.375  3.125   3.625
Refinance Loan    4.500  3.500  3.250   3.750

The rates are based on criterion below and
good for the time when they are quoted:
Loan$>=400K,FICO>=740,LTV<=75%,O/O,SFH

There is no point, no fee for refinance but
there is fee for purchase loan. Some rates
require GC/Citizen. Adding impound account
might bring in better rates.



Rate change is subject to loan amount,
impound, property type(SFH vs Condo),
financing purpose (cash out),occupancy type
( investment or second home),GC/Citizen,
LTV and other conditions.



High Balance Loan (<=625k)

Purpose of Loan    30 YR    15 YR   5/1  7/1
Purchase Loan    4.500  3.500    3.250  3.625
Refinance Loan    4.625  3.625    3.375   3.750
The rates are based on criterion below and
good for the time when they are quoted:
Loan$>=600K,FICO>=740,LTV<=75%,O/O,SFH

There is no point, no fee for refinance but
there is fee for purchase loan. Some rates
require GC/Citizen.Adding impound account
might bring in better rates.



Rate change is subject to loan amount,
impound, property type(SFH vs Condo),
financing purpose (cash out),occupancy type
( investment or second home),GC/Citizen,
LTV and other conditions.


Jumbo Loan ( Up to 2M)

Purpose of Loan    30 YR   15 YR   5/1   7/1
Purchase Loan    5.000  4.250    3.000  3.125
Refinance Loan    5.125  4.375    3.125  3.250

The rates are based on criterion below and
good for the time when they are quoted:
Loan$>=729K,FICO>=760,LTV<=60%,O/O,SFH

There is no point, no fee for refinance but
there is fee for purchase loan. Some rates
require GC/Citizen.Adding impound account
might bring in better rates.

Rate change is subject to loan amount,
impound, property type(SFH vs Condo),
financing purpose (cash out),occupancy type
( investment or second home),GC/Citizen,
LTV and other conditions.