Finally a little relief to our market- Jumbo Rates, rates for loans in our local Orange County market up to $729,750, have come down to earth!
Rates as of this writing (5/9/08) are currently offered at 5.75% with no points.
That is down nearly a full point from a month ago!!
The market locally in Costa Mesa has already started moving swiftly with sales at a brisk pace for homes under $500,000 and moving moderately well for homes in the 600k-700k range.
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Copyright © 2008 Colin DelaneyPortions Copyright © 2008 a la mode, inc.Another XSite by a la mode, inc. | Terms of Use| Site MapAll rate, payment, and area information are estimates and approximations only.
