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, 2013| Loan 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%
|
| 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 Week| 30 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. |
|
|
Recently Closed Transactions| Amount | 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 |
|
|
2012 Conforming Loan Limits| 1 - Unit | $625,500 |
| | 2 - Units | $934,200 |
| | 3 - Units | $1,129,250 |
| | 4 - Units | $1,403,400 |
|
|
|
2011 Loan Limits| 1 - Unit | $625,550 |
| | 2 - Units | $934,200 |
| | 3 - Units | $1,129,250 |
| | 4 - Units | $1,403,400 |
|
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