Interest rates have again moved down to unbelievable levels not seen for over 40 years. The following graph can give you an idea of the historically low levels which we are at now
30-Year FRM Rates 1971 - 2010:
Reproduced with the permission of Mortgage-X.com
The following are interest rate quotes from Al Hermann of American/California Financial Services
30 Yr Fixed FHA
Conforming 30 Yr Fixed up to $417000
Conforming Jumbo 30 Yr Fixed $417001 - $625500
Conforming Jumbo Fixed $625000 - $729750
Jumbo 7/1 ARM $1.5 Mil (higher loan amt available)
Rates for 30 year fixed rate Jumbo loans in excess of $729,750 range from 5.25 % to 5.5%.
For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.
- #1 Best Selling master-planned community in the state of Texas
- 27 miles North of Houston
- 16 miles from George Bush Intercontinental Airport
- Close to I-45 and the Hardy Toll Road
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- Ranked one of the top 10 safest communities in Texas
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