Monday, October 13, 2008
Current Mortgage Rates

Most recently updated companies appear first.

Some lenders may offer discounts to mortgage guide customers so please be sure to let the lenders know that you saw their rates on this newspaper's mortgage guide website.

COMPANY NAME

LOAN TYPE
RATE / Disc PTS*
APR/LOCK

LOAN TYPE
RATE / Disc PTS*
APR/LOCK

LOAN TYPE
RATE / Disc PTS*
APR/LOCK

LOAN TYPE
RATE / Disc PTS*
APR/LOCK

LOAN TYPE
RATE / Disc PTS*
APR/LOCK

LOAN TYPE
RATE / Disc PTS*
APR/LOCK


COMMENTS

Downey Savings & Loan
800-267-9245

Updated:10/13/08

30-yr Fixed
6.1251.625
6.32945

30-yr Fxd Jmb/Conf
6.5001.875
6.703 45


30 Yr No Neg Arm
5.6251.125
6.49145

15-yr Fxd Jmb/Conf
6.3751.875
6.707 45


Direct lender since 1957.
Inquire online at downeysavings.com/hl
GREAT rates and FAST decisions.
3501 Jamboree Rd.Ste.2000, Newport Beach, CA
License No. -

Cal First Lending, Inc.
877-414-8280

Updated:10/13/08

30-yr Fixed
5.8752.000
6.11830

30-yr Fxd Jmb/Conf
5.8752.000
6.08230

15-yr Fixed
5.5002.000
5.90330

15-yr Fxd Jmb/Conf
5.6252.000
5.97030

30-yr Fixed
6.3750.000
6.43630

15-yr Fixed
6.0000.000
6.09930

OPEN EVENINGS AND WEEKENDS. 877-414-8280
NO APPLICATION FEE - NO ORIGINATION FEE
NO CREDIT REPORT FEE
FAST 2-week express loans - call for details
2503 Regatta Ct., Davis, CA
License No. DRE# 01318172

Los Gatos Lending Connection
866 660-0957

Updated:10/08/08

30-yr Fixed
5.3751.75
5.64030

15-yr Fixed
5.2501.75
5.71030

20-yr Fixed
5.5001.5
5.81030

30-yr Fxd Jmb/Conf
5.5001.625
5.69030

15-yr Fxd Jmb/Conf
5.2501.5
5.55030

VA 30-yr Fxd
5.8751.5
6.20030

All loans 720 Credit Score.
No Pt or No Fee with higher rate.
Call Now.
550 Main St., Suite J2, Placerville, CA
License No. DRE# 01220999

AAXA Discount Mortgage
877-728-3569

Updated:10/08/08

30-yr Fixed FHA
5.500*0.000
5.63330

30-yr Fixed
5.500*0.000
5.63330

30-yr Fixed
5.250*1.000
5.46930

20-yr Fixed
5.500*0.000
5.67830

15-yr Fixed
5.250*0.000
5.47430

15-yr Fixed
5.000*1.000
5.37230

*Special rates for Mortgage Guide
*1.00 Origination pt pd by borrower
Customers. Call 877.RATE.LOW
www.forthebestrate.com
6322 Oleander Dr., Wilmington, NC
License No. DOC# 603B183

Bank of America Mortgage
888-844-2248

Updated:10/07/08

30-yr Fxd Jmb/Conf
call0.000
call30






CALL NOW for LOW RATES on REFINANCING
24 hours approval & quick 7-10 days closing
CONFORMING loan limit up to 729,000
also on 5/1 INTEREST ONLY ARM
1010 El Camino Real, Ste. 360, Menlo Park, CA
License No. -
*Disc Pts = discount points which are fees paid to buy down the interest rate. Other closing costs may apply and vary from loan to loan. All brokers earn compensation for their services by either collecting origination fees from the borrower at closing or by a lender paid rebate in return for a higher interest rate, or a combination of the two. Contact each company for details. Rates based on $175,000 first mortgage loan for single family home. Jumbo rates (loans that exceed $417,000) or “jumbo-conforming” rates (loans between $417,001 to $729,750 depending on location) based on $450,000 loan. All rates are believed to be accurate but cannot be guaranteed and are subject to change without notice. Minimum downpayment requirements and other restrictions may apply. Due to recent federal legislation, rates and guidelines for some loans in excess of $417,000 may differ from information posted in guide, depending on amount and location. Rates for other loan amounts may also be different than those shown in guide based on factors such as loan-to-value ratios and credit scores. Please check with a selected lender to see how these recent changes may affect you and for all other details. Closing costs may vary. Companies pay a fee to advertise in this Guide. Pts=points, which include origination and discount fees. APR=annual percentage rate and is calculated by each company - includes costs to obtain loan and private mortgage insurance if required. Lock=rate lock period. ARM=adjustable rate mortgage. Fees are estimated costs which may vary from loan to loan. These are not inclusive of all closing costs and do not include points, prepaid interest, title insurance or escrow items. Contact each company for more details. DOC# = licensed by Dept. of Corporations DRE# = licensed by CA Dept. of Real Estate, Real Estate Broker

 

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