I’m sending a special alert.  The stock market has dropped on concerns about China’s economy and the situation in Ukraine, resulting in interest rates at their all-time low this year!

Take advantage for refis and purchases with the following – these Annual Percentage Rates (APRs) are good for Jumbos too:

• 30 Year Loan (This is a 10 Year Adjustable Rate Mortgage [ARM] – rate fixed first ten years, adjustable last 20 years.)
  3.75% 1pt APR 3.79
  4.00% 0pt APR 4.03
  (Years 11-30 can adjust no more than +2% a year with a max of +5% for the life of the loan)

• 30 Year Fixed Rate Loan
  APRs low 4’s WOW!

• 20 Year Fixed Rate Loan
  APRs low 4’s WOW!

• 15 Year Fixed Rate Loan
  APRs low to mid 3’s WOW!

• 7/1 ARM (Rate fixed for 7 years, adjustable last 23 years.)
  APRs low to mid 3’s WOW!

Even if your current loan is in the mid 4’s a refinance can work in the equation above, and it’s a great time to move to 20 year and 15 year fixed rate loans too!