09/18/2024
Today is the day! The FED is going to drop the rates by at least 25 basis points. In preparation for that, we have already priced in that drop. Here are a few exciting things happening:
30y Fixed VA is 4.999% with an APR of only 5.139%
Conventional is 5.499% with an APR of 5.702%
Jumbo is 5.999% with an APR of 6.192%
We have raised our Conforming loan limit to $803,500 in anticipation that the FHFA will raise that limit 01/01/2025
We are still guaranteeing a 17-day closing on all purchase loans
If you have any clients that have closed a VA or FHA loan in the last two years, they will most likely benefit from the current rates by refinancing their existing loan. Let me know
I am here to help in any way I can, so please call or email if you need anything from me and my team. Have a great day!
Darrell Beaudoin
Darrell Beaudoin, MBA
Managing Member/Loan Originator
Direct: 770-870-9246 (call/text)
[email protected]
NMLS: 217817
GA RMLO: 61507
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BEAUDOIN MORTGAGE GROUP
84 Church St, Ste A, Marietta, GA 30060
Phone: 404-418-7542 | Fax: 404-418-7577
https://affinityhomelending.com
NMLS # 1181151
GA # 42129 • AL # 23111 • CO # 1181151
FL # MLD2157 • MS # 1181151 • NC # L214519
OH # RM804930 • SC # L214519 • TN # 182797
TX # 1181151 • VA # MC7205
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