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Mortgage Rate Trends and Market Update

4-Sep-08

Last

Change

-0.04%

-0.01%

0.04%

0.04%

-0.07%

30 Year Fixed - National AVG This marker indicates the current chart.

-0.07%

0.28%

-1.11%

0.00%

0.00%

This marker indicates the current chart. Use links on left to view charts. Click to enlarge.

Week Month Year 3 Yrs

sources: informars.com, erate.com, Freddie Mac

NAMB, Equal Housing Opportunity, BBB Reliability Online, SSL Secure Server

Algodones	Cochiti Pueblo	Cuba	La Jara	Ponderosa	San Ysidro


Bernalillo	Corrales	Jemez Pueblo	Pena Blanca	Regina	Santo Domingo Pueblo


Cochiti Lake	Counselor	Jemez Springs	Placitas	Rio Rancho



Today's Mortgage Terms starting with L Lender: The bank, mortgage company or mortgage broker providing the loan. Loan Application: A statement of personal and financial information needed to apply for a loan. Loan Application Fee: A fee applied by a lender to cover the initial costs of putting through a loan application. The fee could include the cost of getting a property appraisal, a credit report and a lock-in fee and other closing costs incurred to complete the transaction. Loan Origination Fee: Fee charged by a lender for the administrative costs of processing a loan. Loan to Value Ratio (LTV): The balance of the mortgage outstanding as a percentage of the home's price. Lock or Lock In: A lender's guarantee of an interest rate for a specific period of time. The time period is usually between the loan application approval and loan closing. The borrower wants the lock to stay in effect until closing. View all Terms

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