Interest Rate Update 04/30/13

Happy Friday!

Let's take a break from rates today and focus on energy! Something we could all use more of these days in this crazy market.  "The Energy Bus" by Jon Gordon, is by far the most inspiring book I have read in a while.

Not wanting to spoil the read, but here are some bullet points we can all learn from immediately:

*All of us have layers of dust that once brushed away, there is gold underneath! Help those around you 'dust off' and discover their layer of gold'.

*Trust great things are going to happen!

*Our life, our family, our teams, are a reflection of ourselves. We are a mirror image of the energy we put out.

*Don't waste energy on those that don't want to get on your bus!!!!!

*YOU ARE THE DRIVER OF YOUR BUS!

The Hernandez Team wishes you a peaceful weekend, and may you encounter much energy to propel continued success!!!!

"I am not bound to will. 

I am bound to be true.

I am not bound to succeed, but I am bound to live up to the light that I have."

----Abraham Lincoln

RATES as of April 26^th, 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)         2.375%       APR 2.699 %	15 year ( fixed )         3.000%        APR  3.195%
15 year (fixed)         2.500%       APR 2.723%	30 year ( fixed )         3.500%        APR  3.610%
30 year (fixed)         3.375%       APR 3.501% 7/1 ARM                     2.500%       APR 2.915%	5/1 ARM                        2.250%        APR  2.875% 7/1 ARM                        2.500%        APR  2.900%
5/1 ARM                     2.375%       APR 2.932%	10/1 ARM                     3.125%        APR  3.201%
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