Mortgage Blog

January 15th, 2010 9:36 AM

Fixed rate is only slightly better. Bond trades have some profit takers today. ARM rate is much better now. 3/1ARM 3.625%; 5/1ARM 3.875%. 10/1ARM and 10 yrfixed are good as well.

I still continue my rate recommendation. The rate can not go lower than 4.875%(30 yr fixed) without broking the strong resistance. Is it possible? Yes, if the economy is bad enough.

Posted by Eric Fang on January 15th, 2010 9:36 AMPost a Comment (0)

Subscribe to this blog
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

Golden Bridge Financials is an equal housing lender. CA Broker License 1366455; NMLS ID: 247601

2900 Gordon Ave Suite 100 Santa Clara, CA 95051
Phone: Cell: Fax:

Eric Fang Mortgage Blog

Copyright © 2012 Golden Bridge Financials Inc
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map