Pat McNulty, Coldwell Banker

09/30/2023

Today, 9/28/2023, from Liz Park at US Bank:

Rates have been going up consistently over the last few weeks with the Fed saying they’ll keep rates “higher for longer” and the potential for another rate hike in November. A good option for your buyers to keep their payments on the lower side could be to use a 7/1 ARM with the interest only option until there’s an opportunity refinance down the line… U.S. Bank allows interest only loans with 80% loan to values!

Here are the current rates for a $3,000,000.00 purchase price of a primary residence using a $2,250,0000.00 loan amount (25% down payment) with a 760-credit score for a single-family home.

Jumbo 30yr fixed: 7.25% (7.264% APR) paying .75 point- Principal and Interest Payment- $15,348.97- Total Housing Payment (Including property taxes and insurance) - $18,648.97

Jumbo 10/1 ARM: 6.875% (7.039% APR) paying 1 point- Principal and Interest Payment- $14,780.90- Total Housing Payment (Including property taxes and insurance) - $18,808.90

Jumbo 7/1 ARM: 6.5% (7.266% APR) paying 1 point- Principal and Interest Payment- $14,221.53- Total Housing Payment (Including property taxes and insurance) - $17,521.53

09/05/2016

New listing at 24 Eastwood Drive in Prime ! Come check it out tomorrow 9/6 on the broker's open tour from 9:30am - 1pm. Open house this weekend Saturday 9/10 and Sunday 9/11 from 1-4pm!

Light and bright, this modern 4 bedroom, 3 bath home in desirable Westwood Knolls boasts hardwood floors throughout the main level, spacious living/dining room with modern wood-burning fireplace (with gas line), newly remodeled gourmet kitchen with Fisher & Paykel appliances, contemporary cabinets,…

05/31/2016

The rates below are based on no points with a loan amount of $1,500,000, a purchase price of $2,000,000 and excellent credit history.

http://patricemcnulty.com/blog/interest-rates-as-of-may-27-2016/

The rates below are based on no points with a loan amount of $1,500,000, a purchase price of $2,000,000 and excellent credit history.

05/25/2016

The rates below are based on no points with a loan amount of $1,500,000, a purchase price of $2,000,000 and excellent credit history.

http://patricemcnulty.com/blog/interest-rates-as-of-may-20-2016/

The rates below are based on no points with a loan amount of $1,500,000, a purchase price of $2,000,000 and excellent credit history.

05/17/2016

Check out my new listing located at 12565 Woodside Drive in !

This lovely 3 bedroom, 2 bath home located in the desirable Brookview neighborhood boasts hardwood floors throughout, living/ dining room with built-in cabinetry, wood-burning fireplace and bay window looking out onto the beautiful flower-filled front gardens. Bathed in sunlight, the large, open, ki...

04/18/2016

The rates below are based on no points with a loan amount of $1,500,000, a purchase price of $2,000,000 and excellent credit history. Friday’s bond market has opened in positive territory due to weaker than expected economic data. The stock markets are fairly calm but showing minor losses with the Dow down 28 points and the Nasdaq down 12 points. The bond market is currently up 12/32 (1.75%), which should improve this morning’s mortgage rates by approximately .125 of a discount point. [ 306 more words. ]

http://patricemcnulty.com/blog/interest-rates-as-of-april-15-2016/

The rates below are based on no points with a loan amount of $1,500,000, a purchase price of $2,000,000 and excellent credit history. Friday’s bond

04/05/2016

Rates below are based on Princeton Capital's pricing special with no points with a loan to value of 65% and a FICO above 780. The scenario below reflects a loan amount of $1,800,000. Friday’s bond market has opened in negative territory following economic news that was mostly negative for bonds. The stock markets looked like they were going to open in negative ground but have rebounded to show modest gains of 16 points in the Dow and 7 points in the Nasdaq. [ 428 more words. ]

http://patricemcnulty.com/blog/interest-rates-as-of-april-1-2016/

Rates below are based on Princeton Capital's pricing special with no points with a loan to value of 65% and a FICO above 780. The scenario below reflects a

03/22/2016

Rates below are based on no points with a loan to value of 75% and a FICO above 780. Friday’s bond market has opened up slightly despite early stock strength. The major stock indexes appear ready to close the week with solid gains, pushing the Dow higher by 114 points and the Nasdaq up 11 points. The bond market is currently up 2/32 (1.89%), which should keep this morning’s mortgage rates close to yesterday’s levels. [ 279 more words. ]

http://patricemcnulty.com/blog/interest-rates-as-of-march-22-2016/

Rates below are based on no points with a loan to value of 75% and a FICO above 780. Friday’s bond market has opened up slightly despite early stock

03/22/2016

The Return of the Female Homebuyer
http://patricemcnulty.com/blog/the-return-of-the-female-homebuyer/

05/18/2015

Current Interest Rates as of May 15, 2015 http://wp.me/p2PX0r-134

Current Interest Rates as of May 15, 2015 – Compliments of Greg Vanslow, Princeton Capital. [ 2 more words. ]

04/30/2015

CURRENT INTEREST RATES – AS OF APRIL 24, 2015 http://wp.me/p2PX0r-12X

Current Interest Rates as of April 24, 2015 – Compliments of Greg Vanslow, Princeton Capital.

03/30/2015

Current Interest Rates – as of March 20, 2015 http://wp.me/p2PX0r-12S

Current Interest Rates as of March 20, 2015 – Compliments of Greg Vanslow, Princeton Capital.