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Today’s Rates Last updated 1-5-08 (9:30 AM PDT) |
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As you may or may not know, rates fluctuate on a daily basis and on a volatile trading day can change multiple times within that day. The rates posted here are for specific scenarios and may not apply to your particular situation. We advise you to contact one of our advisors to determine which programs and rates apply to you. |
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To contact us: Arrona Financial 975 Osos Street San Luis Obispo CA 93401 Phone: 805-544-0160 E-mail: info@arronainc.com
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Bond Quotes Last updated 1-5-08 (9:30 AM PDT) |
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Rates, pricing and terms deemed reliable but not guaranteed. Rates change on a daily basis and are dependant on the current market, loan amount, loan to value, debt to income, occupancy status, credit scores and credit approval. Jumbo Conforming loan maximums vary by region, please visit https://entp.hud.gov/idapp/html/hicostlook.cfm California DRE LIC # 01522875 |
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Contrary to popular belief, conforming mortgage rates are tied directly to the performance of mortgage backed securities, NOT the US 10 Year Treasury Note. These two often move in similar directions (and sometimes they don’t), but do not represent one another. It’s like wanting to know the price of a share of Google stock and checking the ticker for Yahoo!. Below is how the two are performing today. An increase in the price will relate to an improvement to conforming mortgage rates. |
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