Market Update for March 05, 2010
The Homebuyer tax credit expires
Buyers must be under contract by April 30, 2009 and must close by June 30, 2009!!!
4.85% 1
point*
FHA - 30 Year Fixed
New
Purchase Loans only!
JUMBO 30
yr fixed!!
5.1/2
% zero points *
NJHMFA
1st Time Homebuyer Program!!
FHA
or conventional guidelines can be used!!
5.725%
- First Mortgage w/ no Smart Start
6.125%
- First Mortgage w/ 2% Smart Start
6.25%
- First Mortgage w/ 3% Smart Start
6.5%
- First Mortgage w/ 4% Smart Start
Smart Start can be used in any way towards the closing and/or down payment!!
(*best
rate shown - credit score, loan amount and LTV may
affect rate quote)
Source:
Gateway Funding:
Nelson
Abreu
- (609) 890-8964 (habla
espaņol)
The
Mancino Team of Professionals