TUPPER'S TEAM, EVERGREEN AND CONIFER COLORADO REAL ESTATE SPECIALISTS!


Evergreen, Colorado Mortgage Rate Watch - 4/8/08

CMA Update for 04/08/2008
Robin’s Cell: (303) 378-5973
Kristie Fulte: (720) 924-0917
Website

(1) RATE WATCH:
Conventional 30 year fixed rates are at 5.75% today with a 1% discount point and 6.0% with NO discount point. FHA rates are at 5.5% with 1% discount and 6.0% with NO discount point.  We NEVER charge additional origination points, and our other fees at closing are $800.00 total.  Wells Fargo Banking clients receive a $300.00 discount on closing costs.

(2)  CineMeeting AND Appraisal Meeting!
Mark Your Calendars for APRIL 17th!!  The CineMeeting Event is coming to Denver.  Brian Buffini, Cara Heyden with WFHM, David Bach..and others.  It’s an event you won’t want to miss!!
ALSO: ON APRIL 15th, CMA will provide two of the top appraisal resources in the Wells Fargo organization for a “brunch and learn”.  They will talk about the state of the market, appraisals and what to expect as conventional and FHA loans continue to change.

(3) WaMu out of the mortgage business?
The “hubbub” is that WaMu will stop originating mortgages as of April 30th, 2008.  We don’t know what this means at this point, but stay tuned to the news!

Colorado Mortgage Alliance

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This entry was posted on Tuesday, April 8th, 2008 at 10:28 am and is filed under Blog, Rate Watch. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.