Mortgage interest rates at a 3 year low? Just refinanced a rental...

[Irvinehomeseeker]

I own a mortgage company in Irvine and we are a Direct Lender.  I would love to help homeowners get into a lower rates before they start going back up.
Below are examples of interest rates for conforming loans available today.

TRUE NO CLOSING COST LOAN OPTION

Based on a $417,000 Loan Balance

30 Year Fixed Conventional
Rate: 3.45%
Payment: $1,860.90
Points: None
APR: 3.45%
Fees: None

15 Year Fixed Conventional
Rate: 2.75%
Payment: $2,829.85
Points: None
APR: 2.75%
Fees: None

7/1 ARM Conventional
Rate: 2.875%
Payment: $1,730.10
Points: None
APR: 2.875%
Fees: None

5/1 ARM Conventional
Rate: 2.49%
Payment: $1,645.49
Points: None
APR: 2.49%
Fees: None

BBB A+
Apply on line:http://www.visionquestlending.com/free-quote/

Sincerely,

Tony Nguyen  | NMLS#93776
Vision Quest Lending  | 2860 Michelle Drive, Suite 140, Irvine, CA 92606
714-464-8042  | 877-318-0992 x6502  | Fax 866-394-9352                                                   
Email | tony@vqlending.com                                                                     
Website  |  www.visionquestlending.com

Would these Rates be available for a refinancing a condo?

 

[The Motor Court Company]

I don't think it is 3 year low. We are still happy with our 3.25% 30 year fixed no cost loan refi-ed a little more than 1 year ago.

 

[Laguna21]

I don't think it is 3 year low. We are still happy with our 3.25% 30 year fixed no cost loan refi-ed a little more than 1 year ago.

http://www.marketwatch.com/story/mo...ows-30-year-at-3-year-low-2016-05-12-10160024

Recent article published.

 

[SoclosetoIrvine]

I definitely lucked out with the recent mortgage rates
locked in at 3.5% no points last week 90 day lock, before the jump to 3.625%

jumbo loans definitely are the hot ticket, with non jumbo close to 3.8%

Definitely call around.  3 of out 4 major banks I called were offering closing credit as well for jumbo loans.  Can't hurt to ask  >

 

[nguyener]

Rates for condo would be a little higher than for SFR. .125% higher for condo.

 

[paperboyNC]

I locked a rate recently with a cash out refi of my condo

2.75% int. rate.
7/1 ARM
LTV had to be under 70% (I'm well under that)
No points
100% of closing costs paid by lender

Found the lender on Zillow mortgage. The rate is no longer listed there, but you can keep looking.

 

[Irvine Dream]

I locked a rate recently with a cash out refi of my condo

2.75% int. rate.
7/1 ARM
LTV had to be under 70% (I'm well under that)
No points
100% of closing costs paid by lender

Found the lender on Zillow mortgage. The rate is no longer listed there, but you can keep looking.

Oh common tell us the lender name