Rates are expected to maintain within their current ranges this week, as there is not a lot of expected economic activity this week. We still don’t recommend floating if the borrower’s close date is within 45 – 60 days. There is just too much “anticipation” built into the market as to QE3. Caution relative to rates is the best strategy at this time.
|
ANASAZI MORTGAGE RATES* FOR Primary Residence (purchase only) As of 08/06/2013 *Programs require borrowers meet specific qualifications, not limited to credit scores, income, debt ratios, and other lender guidelines |
||||
| FIXED RATE Mortgages to $417,000 (Conforming) | ||||
|
w/ 1 Point |
APR |
w/ no Point |
APR |
|
| 30-YR |
4.25% |
4.375% |
4.50% |
4.541% |
| 15-YR |
3.25% |
3.466% |
3.50% |
3.569% |
| FIXED RATE Mortgages $417,001 – $2,000,000 (Jumbo) | ||||
|
w/ 1 Point |
APR |
w/ no Point |
APR |
|
| 30-YR |
4.875% |
4.994% |
5.25% |
5.272% |
| 15-YR |
4.00% |
4.185% |
4.625% |
4.661% |
| ADJUSTABLE RATE Mortgages to $417,000 | ||||
|
w/ 1 Point |
APR |
w/ no Point |
APR |
|
| 5/1 ARM |
3.625% |
6.793% |
NQ |
— |
| 7/1 ARM |
4.00% |
4.789% |
NQ |
— |
| ADJUSTABLE RATE Mortgages $417,001 – $2,000,000 | ||||
|
w/ 1 Point |
APR |
w/ no Point |
APR |
|
| 5/1 ARM |
3.125% |
6.263% |
NQ |
— |
| 10/1 ARM |
4.00% |
5.882% |
4.375% |
6.221% |
|
Mortgages up to $2,000,000, other ARM Products & Interest Only programs are also available – Please call for Quotes. |
||||
Ginger Bowe Sullivan
ANASAZI MORTGAGE
1000 Cordova Pl, #56
Santa Fe, NM 87505
Phone: 505-995-8888
Toll-Free: 800-995-8888 (if calling outside Santa Fe)
Fax: 505-995-8885