This
week is rather short.
- Markets are steady. Rates are still low! J
- Houston inventory is low. We continue to see multiple
offer situations ALL OVER the city and surrounding suburbs.
- Spring Break starts next week for most…enjoy the
subdued traffic.
- Daylight Savings this weekend- Spring Forward!
Enjoy
the weekend! And remember… Patriot Bank Mortgage, the Hernandez Team is LOYAL
TO YOU
RATES
as of March 8th, 2013 (Up for the Week)
The following assumptions apply:
- 20% Down Payment (Conforming) / 25% Down Payment Jumbo
(Lower down payments available – call for details)
- 1% Origination Fee
- Escrows Required (if no escrow, higher fees may
apply)
- Purchase Transactions, Primary Residence (Refinances
have different rates)
- 30 day closing
- Credit Score 740 +
- Debt to income ratio <=40%
- Full Documentation of Income/Assets
|
Conforming
($200,000* - $417,000)
|
Jumbo
($417,001- $1,000,000*)
|
|
10
year (fixed) 2.750%
APR 2.862 %
|
15
year ( fixed )
3.250% APR 3.284%
|
|
15
year (fixed) 2.875%
APR 2.952%
|
30
year ( fixed ) 4.125%
APR 4.144%
|
|
30
year (fixed) 3.750%
APR 3.794%
7/1
ARM
2.875% APR 5.447%
|
5/1
ARM
2.625%
APR 5.726%
7/1
ARM
3.125%
APR 5.652%
|
|
5/1
ARM
2.625% APR 5.752%
|
10/1
ARM
3.500%
APR 5.996%
|
|
|
|
|
FHA/VA
call for quote (max loan $270,000)
|
|
|
|
|
We do originate loans below
$200,000. These amounts are chosen to show the most favorable rates.
For other product
options or for loan amounts less than $200,000 or above $900,000 please call
for quote.
Call for details!
If you know of someone who
would appreciate my services, please contact me with their name and
number and I will be happy to help them!
Jennifer
Hernandez & Team
Kenny, Sandra,
Nancy, Jimmy, Heath, Norma, Jason, Stella & Monique
Patriot Bank Mortgage
NMLS# 514497
Office: 713-337-8400
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