May 26th, 2009 9:36 AM by Eric Fang
The rate improves a little bit today. It may go a little higher later today because of the stock market.
5/1ARM, 7/1ARM rate still not good. We may need to wait for anothermonth to get the good rates.
I do have one lender with good 30 yr fixed high balance special (>417k & <=729,500) for good loans.
Conforming(<=417k) High Balance(>417k&<=729k)30Yr. Fixed 5.250% 30Yr. Fixed 5.625%15Yr. Fixed 4.750% 15Yr. Fixed 5.125%