Tuesday, April 28, 2009

Interest Rates

As I prepare the rates today, I am getting an “alert to lock” due to a downward turn in the Bond Market. Rates will likely bump up a bit today.

CONVENTIONAL ( Loan amounts up to $417,000)
30 yr. Fixed – 4.625% APR 4.845%
15 yr. Fixed – 4.375% APR 4.595%

JUMBO (Loan amounts above $417,000)
30 yr. Fixed – 5.000% APR 5.250% (to $600,300 10% down) SL, Tooele, Summit Counties)
30 yr. Fixed – 6.000% APR 6.220% (to $700,000 20% down)
30 yr. Fixed - 6.250% APR 6.470% (to $850,000 25% down)


FHA (Loan Limits - SL $417,000, Davis $389,850, Utah $271,050)
30 yr. fixed - 4.500 % APR 5.000%
15 yr. Fixed - 4.250% APR 4.750%

FHA JUMBO (above $417,000 to max limit – SL, Tooele, Summit Co)
30 yr. Fixed – 4.750% APR 5.250%

UTAH HOUSING
30 yr. Fixed - 6.125% APR 6. 625%

RURAL HOUSING
30 yr. Fixed – 4.750% APR 5.250%

1061 Home Run Grants remaining.



**Rates are subject to change with market and loan size.
**Rates are subject to credit qualifying and down payment.
**Rates are based on a 30 day lock period.
**Rates are based on a 740 FICO for Conventional Loans
**Rates are based on a 620 FICO for FHA Loans

Info provided by Graystone Mortgage, LLC

Monday, April 27, 2009

More Buyers

We are introducing Charan and Gitangli. He is a stock market instructor and investor and his wife is a physical therapist. They are an interesting and excited couple looking to take advantage of this great market here in the Salt Lake Valley area.
The Tango Team showed them houses in Sandy, Draper, and South Jordan. Right now we are negotiating an offer on a beautiful home in a great Sandy neighborhood.
They have been looking for a while and settle with The Tango Team to help them find the right house to call home.
If you are lost and don't know who to contact, we are here to help. Send us an email or give us a call. 801-372-7874

Interest Rates

FHA (Loan Limits - SL $417,000, Davis $389,850, Utah $271,050)
30 yr. fixed - 4.500 % APR 5.000%
15 yr. Fixed - 4.375% APR 5.125%


CONVENTIONAL ( Loan amounts up to $417,000)
30 yr. Fixed – 4.750% APR 4.970%
15 yr. Fixed – 4.375% APR 4.595%

UTAH HOUSING
30 yr. Fixed - 6.125% APR 6. 625%

RURAL HOUSING
30 yr. Fixed – 4.875% APR 5.375% with .250% discount

1153 Home Run Grants ($6,000) remaining.



**Rates are subject to change with market and loan size.
**Rates are subject to credit qualifying and down payment.
**Rates are based on a 30 day lock period.
**Rates are based on a 740 FICO for Conventional Loans
**Rates are based on a 620 FICO for FHA Loans

Info provided by Graystone Mortgage, LLC

Tuesday, April 14, 2009

Just Sold!

Bradon and Vanessa Fredrickson closed on their home yesterday. The Tango Team was able to find them a great 3 bedrooms, one bathroom, all fanced home on the same block where Vanessa's sister lives. They are proud homeowners and they will be claiming the $8,000 tax credit as well.
Congratulations guys!

First-time home buyers!

Here are more first-time home buyers ready to take advantage of the great Utah market. Jason and Melissa are looking for a home in North Utah county. This newlywed couple is excited about finding their new built home and to use the $6,000 Home Run Grant from the Utah Housing Corporation AND also the $8,000 tax credit offered until the end of this year!
The Tango Team is eager to show them homes, negotiate in their behalf and keep them as clients for life!