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Mortgage Rates April 13, 2009

   Posted by: Cal    in Gulf Coast Mortgages, Real Estate

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It looks like the financial markets had a good day.  Breaking through the 25 day moving average, the benchmark Fannie Mae bond is back in positive territory since falling last week.  This is good for rates, and has been reflected in today’s pricing


If you would like to get pre-approved for a purchase or refinance, please call 850-221-8334 anytime.

Rates as of 11:40 AM 4/13/2009

30 Yr Fixed Mtg 4.625%
15 Yr Fixed Mtg 4.375%
30 Yr FHA 4.750%
30 Yr VA 4.750%
Reverse Mortgage Call For Rates

Steve Russell
Mortgage Banker
Primary Residential Mortgage
850-221-8334 Cell
850-497-6325 Office

* All rates assume the purchase of a single family primary residence with at least 20% down payment, 740 credit scores, and verifiable income and assets. Rates vary based on borrower profile and property type. Rates are subject to change without notice. All rates also assume a 1% origination fee. Loans with no origination fee and no points may be available at a higher rate.




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