Mortgage Rates January 7, 2010

Dear friends in Real Estate,

Here's to a prosperous New Year! There is a lot going on here as systems and operations transition from Bradford Mortgage Company to NewBridge Bank. I will keep you posted on important updates as they happen.

Do you have an open house planned for your listing? Want a financing representative available to discuss loan options with your prospects? I am eager to support you!! Please contact me with the listing information and date you are having the event. I will promptly let you know if I can attend.

Here's a sample of Primary Home Purchase money rates today, up to 0+1, with escrows for a borrower with median credit of 720-760. These are subject to vary based on loan amount, occupancy, LTV, credit quality and other factors. In the next few weeks Jumbo, FHA, VA, USDA and Construction/Perm will be available as well.

Conforming (up to $417K, using 250K as sample loan amt)

30 yr fixed, 5% down 4.875%

15 yr fixed 4.375%

5/1 ARM, 30 yr am 3.875%

30 yr fixed, 3% down 5.500%

Compliments of Ashleigh Sumlin, Bradford Mortage Company, Charlotte NC, 704-307-9908