Saturday, April 3, 2010

Current mortgage loan rates

Here is your weekly update on mortgage loan rates, courtesy of Troy Chambers, loan officer for Arboretum Mortgage.

Up a Bit …

As of yesterday the government stopped buying “mortgage backed securities”. This has resulted in rates rising slightly, over the past 2 weeks as each lender prepared their pipeline for this change in policy. Surprisingly rates have not risen drastically, and there are still some very attractive rate possibilities available.  Now is the time to lock in on a purchase transaction, or to finally get around to that refinance that has been put on the back burner.

Please let me know if there is anything you need in regards to either mortgage services, or mortgage information, as I am always readily available. Please feel free to call my cell at 425-418-5103 at any time.

Troy Chambers

Arboretum Mortgage
Phone: 206-720-6628
Fax: 206-860-9340
Table of loan rates.

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