Santa Fe Las Campanas Mortgage Information

Investors are expecting that QE3 (“Quantatative Easing”, Part 3)  is on its’ way, and the Fed will continue dosing our (puny) economy with another massive print job (of money).  The implementation of QE3 may cause mortgage interest rates to tick down lower or a few days, or even a few weeks.  However,  this “doseage” of money will have only short-term effects, as reality sets in and we see all dollar-denominated assets begin to lose value.  Thursday is the day the Federal Open Market Committee will release its plan, and volatility in the mortgage market will ratchet up – with or without a QE3 announcement.In the meantime, one Deutsche Bank strategist researched the 10-yr Treasury Bond yields and discovered those yields hit their lowest mark in July – since data began in 1790.  We look forward to discussing rates, programs, and loan scenarios, and answer questions for either your BUYERS or SELLERS.  Please feel free to call for any clarifications and/or analyses.  ANASAZI MORTGAGE RATESFOR Primary Residence (purchase only)As of 09/10/2012
Mortgages to $417,000 (Conforming)
 w/ 1 PointAPRw/ no PointAPR
Mortgages  $417,001 – $1,500,000
 w/ 1 PointAPRw/ no PointAPR

3/1 ARM – 30-YR
 w/ 1 PointAPRw/ no PointAPR
5/1 ARM – 30-YR
 w/ 1 PointAPRw/ no PointAPR

7/1 ARM – 30-YR
w/ 1 PointAPRw/ no PointAPR
Conforming2.875%4.___%2.875% 4.411%
Mortgages in excess of $1,500,000, other ARM Products & Interest Only programs are also available – Please call for Quotes.

  Ginger Bowe SullivanANASAZI MORTGAGEP. O. Box 5724Santa Fe, NM  87502-5724Phone:      505-995-8888Toll-Free: 800-995-8888 (if calling outside Santa Fe)Fax: