posted Apr 23, 2013, 5:00 PM by Massey Kouhssari
[
updated Apr 23, 2013, 5:51 PM
]
Conforming and Non-Conforming Rates for Week of April 22, 2013Loan Type | Points | Maximum | Rate | Payment Per $1.000* | APR |
| 30 Yr. Fixed 15 Yr. Fixed 5/1 ARM 7/1 ARM 10/1 ARM | 0 0 0 0 0 | $417,000 | 3.375% 2.625% 2.500% 2.750% 2.865% | $4.56 $6.84 $4.01 $4.14 $4.21 | 3.65% 2.87% 2.68% 2.93% 3.15% |
| 30 Yr. Fixed 15 Yr. Fixed 5/1 ARM 7/1 ARM 10/1 ARM | 0 0 0 0 0 | $625,500 | 3.500% 2.750% 2.625% 2.865% 3.125%
| $4.56 $6.90 $4.08 $4.21 $4.35 | 3.69% 2.91% 2.88% 3.07% 3.23%
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| 15 Yr. Fixed (purchase) 5/1 ARM (purchase) 7/1 ARM (purchase) 10/1 ARM (purchase) | 0 0 0 0 | $5,000,000 | 3.375% 2.750% 3.000% 3.250% | $7.21 $4.08 $4.21 $4.35 | 3.87% 2.77% 2.89% 3.51% |
| *Assumption: first-trust deed |
| Check out this week's featured rates IN BOLD! |
|
Closing Prices and Changes for the Previous Week30 Year Treasury Bond | 2.88% | -0.01% |
| 10 Year Treasury Bond | 1.70% | Unch.% |
| 5 Year Treasury Bond | 0.69% | +0.01 |
| 2 Year Treasury Bond | 0.23% | +0.01 |
| 6 Month Bill | 0.09% | Unch. |
| Prime Rate | 3.25% | Unch. |
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Recently Closed TransactionsAmount | Loan-to-Value | Transaction | Location |
| $10,100,000 | 75% LTV | Purchase | Bel Air |
| $5,670,000 | 70% LTV | All Cashout Refi | Malibu |
| $5,500,000 | 75% LTV | Purchase | West Los Angeles |
| $4,900,000 | 75% LTV | Purchase | West LA |
| $3,900,000 | 70% LTV | Purchase | Los Angeles |
| $3,000,000 | 75% LTV | Purchase | Santa Monica |
| $2,550,000 | 65% LTV | Purchase | Santa Monica |
| $2,100,000 | 65% LTV | Purchase | Malibu |
| $1,900,000 | Reduced doc - no tax returns* | Purchase | Hancock Park |
| $1,850,000 | 60% LTV (1st/25% Seller Carryback) | Purchase | Westlake Village |
| $1,800,000 | 70% LTV | Purchase | Rancho Mirage |
| $625,550 | Funded by In-house Bank / 10 day close | Purchase | Sherman Oaks |
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2012 Conforming Loan Limits1 - Unit | $625,500 |
| 2 - Units | $934,200 |
| 3 - Units | $1,129,250 |
| 4 - Units | $1,403,400 |
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| 2011 Loan Limits1 - Unit | $625,550 |
| 2 - Units | $934,200 |
| 3 - Units | $1,129,250 |
| 4 - Units | $1,403,400 |
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