Wholesale Conforming Mortgage Rates and Pricing 9/15/2008
September 15th, 2008 Categories: Mortgage News, ratespeed, wholesale mortgage rates
Re-Blogged from RateSpeed.com…
Wholesale Conforming Mortgage Rates and Pricing 9/15/2008
Rates continue to trend lower as Wall Street spins into the abyss.
Although I would like to offer some useful advice, insight et al…I’m at a loss for words, watching like everyone else as we move into uncharted territory. All I have is a little bit of personal opinion…
Lehman Bros found out that the government can’t/won’t bail out everyone. Why were they ‘turned away’ while Bear Sterns J.P. Morgan, Fannie and Freddie were ‘backed’ by the Treasury? Me thinks they had to start proving a point with someone. Is this good? We’re about to find out.
In any case we’re walking down the path of a fast truth rather than slow lies…
Conforming 3 Year ARM
Conforming 5 Yr ARM
Conforming 15 Year Fixed
Conforming 30 Yr Fixed
Wholesale direct Conforming rates and pricing shown are based on the variable factors below:
- Primary Residence
- Purchase or Rate Term Refinance
- Single Family Residence
- Loan To Value Ratio <80%
- Credit score <720
- Debt To Income Ratio <42%
- Loan Amount $100,000 to $417,000
- Fully Documentable Income and Assets
For a detailed explanation and definitions click here.
Information is derived directly from wholesale mortgage banks inter-daily program and pricing sheets and is deemed reliable but not guaranteed.
Mortgage rates and pricing may change up to 3 times daily, check often.
Rates and Pricing Provided by RateSpeed…
Sphere: Related Content
Add New Comment
Viewing 2 Comments
Thanks. Your comment is awaiting approval by a moderator.
Do you already have an account? Log in and claim this comment.
Do you already have an account? Log in and claim this comment.
Do you already have an account? Log in and claim this comment.
Add New Comment