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Home
Loan Services Offered
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-
HOME REFINANCE
~ 5.0% Fixed
Rate
- 100's Of Mortgage Programs Available
- Refinancing
GOOD to
POOR Credit
- Ask about Lowest
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MORTGAGE REFINANCE
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HELP!
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INTEREST ONLY
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580 FICO
May Qualify
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& NO-DOC Refinancing
- Rates starting
AS LOW AS 4.0%*
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TO 95% Of Home's Equity
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Mortgage Kit And Calculators
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IN ABOUT
24 HOURS
- 4 OUT OF
5 Applicants Qualify!*
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MORTGAGE RATES ARE VERY ATTRACTIVE...
SEE FULL STORY BELOW, APPLY IMMEDIATELY!
start saving right away
by
following us to Lending Tree...
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We Offer Many No-Gimmick
Home Mortgage & Home Refinance Loan Programs. Wondering...
Should I Refinance My Home? Should I Refinance Our
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$200,000 is about $1000/mo.
Similar savings for other
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30 year fixed rate mortgage. That is your rate for the
entire length of your loan, 30 years is popular today, or
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- Peak Home Loans LLC, trusted since 2004 & thousands
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Modest
Inflation Expectations Allow Mortgage Rates to Once
Again Set New Record Lows
McLean,
VA – Freddie Mac (OTC: FMCC) today released the results
of its Primary Mortgage Market Survey® (PMMS®), and for
yet another week, fixed-rate mortgages reached record
lows, as did the 5-year adjustable rate in this survey.
(The 30-year fixed-rate survey began in 1971, the
15-year began in 1991, and the 5-year adjustable in
2005.)
News
Facts
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30-year fixed-rate mortgage (FRM) averaged 4.32
percent with an average 0.7 point for the week ending
September 2, 2010, down from last week when it
averaged 4.36 percent. Last year at this time, the
30-year FRM averaged 5.08 percent.
-
15-year FRM this week averaged a record low of 3.83
percent with an average 0.6 point, down from last week
when it averaged 3.86 percent. A year ago at this
time, the 15-year FRM averaged 4.54 percent.
-
5-year
Treasury-indexed hybrid adjustable-rate mortgage (ARM)
averaged 3.54 percent this week, with an average 0.6
point, down from last week when it averaged 3.56
percent. A year ago, the 5-year ARM averaged 4.59
percent.
-
1-year
Treasury-indexed ARM averaged 3.50 percent this week
with an average 0.7 point, down from last week when it
averaged 3.52 percent. At this time last year, the
1-year ARM averaged 4.62 percent.
Average
commitment rates should be reported along with average
fees and points to reflect the total cost of obtaining
the mortgage.
Quotes
-
"The
12-month price growth of
core personal expenditures remained at 1.4 percent
in July, which kept overall inflation expectations
well at bay. Fed chairman Bernanke reiterated this in
his
August 27th speech in Wyoming, noting that with
inflation expectations reasonably stable and the
economy growing, inflation should remain near current
readings for some time before rising slowly. As a
result, mortgage rates eased further this week to new
historic lows.
-
"House
prices, however, appear to be firming. Home prices
rose 2.3 percent between the first and second quarter
of this year, reaching the highest level since the
fourth quarter of 2008, according to the
S&P/Case Shiller® National Home Price Index. In
addition, 15 metropolitan areas in the 20-City
Composite Index experienced annual house price growth
in June, compared to 13 in May and 11 in April."
Freddie
Mac was established by Congress in 1970 to provide
liquidity, stability and affordability to the nation's
residential mortgage markets. Freddie Mac supports
communities across the nation by providing mortgage
capital to lenders. Over the years, Freddie Mac has made
home possible for one in six homebuyers and more than
five million renters. |
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Lower Your Monthly Payments With The
Home Mortgage Refinancing Specialists
@ Peak Home Loans .com
© 2004 - Peak Home Loans LLC - my & your provider
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A $200,000.00
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