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Jason Sanders

02-03-09 Interest Rate Snapshot

American Capital Finance, Inc

The Jason Sanders Team

Bringing Value to Financing

750 Rt. 73 South/Suite 307B Marlton, NJ 08053 Phone: 856-792-9214 Fax: 856-792-9215 Cell: 856-308-2462

Dear Group,

The market rallied today, but rates remained largely unchanged. All rates listed below are PAR rates and do not reflect adjustments that may be required based on individual loan parameters.

Program

Interest Rate

APR

30 Year Fixed Conventional

5.250

5.347

15 Year Fixed Conventional

5.000

5.097

30 Year Jumbo Fixed

5.750

5.847

15 Year Jumbo Fixed

5.375

5.472

30 Year FHA

5.375

5.472

15 Year FHA

5.000

5.097

3/1 FHA ARM

4.250

4.347

*** Due to changes in the market, interest rates are subject to change at any time and without notice. The rates shown are average for our most qualified customers. Your individual rate may vary.***

Sincerely,


Jason Sanders
Mortgage Specialist and Sales Manager
American Capital Finance, Inc.
www.mortgagemantra.blogspot.com

Earning Referrals at: www.TheValuePagesGroup.com

www.u1sfinancial.net/mortgagemantra - Learn How To Pay Your Mortgage Off Faster - Independent Software Agent Id: 829729

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02-02-09 Interest Rate Snapshot

The market is taking a beating today, which is good for rates! All rates listed below are PAR rates
and do not reflect adjustments that may be required based on individual loan parameters.

Program

Interest Rate

APR

30 Year Fixed Conventional

5.125

5.222

15 Year Fixed Conventional

4.875

4.972

30 Year Jumbo Fixed

5.500

5.597

15 Year Jumbo Fixed

4.875

4.972

30 Year FHA

5.250

5.347

15 Year FHA

5.000

5.097

3/1 FHA ARM

4.250

4.347

*** Due to changes in the market, interest rates are subject to change at any time and without notice. The rates shown are average for our most qualified customers. Your individual rate may vary.***

Jason Sanders - Bringing Value to Financing - Residential, Commercial, & Hard Money
American Capital Finance
856 308 2462 - cell
856 792 9214 - direct phone
856 792 9215 - direct fax
www.mortgagemantra.blogspot.com
Getting more referrals at www.TheValuePagesGroup.com

Recommendation from Bill Greenfield

"I know Jason through a number of networking groups that we mutually belong to. What struck me about Jason is his enthusiasm and his creative way of thinking. It caches your attention. His knowledge and expertise in the mortgage arena comes with the package. Yes, give him the opportunity to show how he can help you." December 29, 2008

William Greenfield, President, Wealth Bridge Advisory Services, LLC

Jason Sanders - Bringing Value to Financing - Residential, Commercial, & Hard Money
American Capital Finance
856 308 2462 - cell
856 792 9214 - direct phone
856 792 9215 - direct fax
www.mortgagemantra.blogspot.com
Getting more referrals at www.TheValuePagesGroup.com

01-30-29 Interest Rate Snapshot

Rates are still trending slightly upwards today. The good news is
that a .125% difference doesn't drastically effect the monthly payment
on the majority of loan amounts. All rates listed below are PAR rates
and do not reflect adjustments that may be required based on
individual loan parameters.

Program

Interest Rate

APR

30 Year Fixed Conventional

5.500

5.597

15 Year Fixed Conventional

5.250

5.347

30 Year Jumbo Fixed

6.000

6.097

15 Year Jumbo Fixed

5.250

5.347

30 Year FHA

5.500

5.597

15 Year FHA

5.000

5.097

3/1 FHA ARM

4.250

4.347

*** Due to changes in the market, interest rates are subject to change at any time and without notice. The rates shown are average for our most qualified customers. Your individual rate may vary.***

Jason Sanders - Bringing Value to Financing - Residential, Commercial, & Hard Money
American Capital Finance
856 308 2462 - cell
856 792 9214 - direct phone
856 792 9215 - direct fax
www.mortgagemantra.blogspot.com
Getting more referrals at www.TheValuePagesGroup.com

When Should I Lock My Loan?

This is a difficult, but personal decision for borrowers. Interest rates are subject to change every day. Some borrowers may naturally have more of a tolerance for risk than others. There's no single right answer.

I personally am not a gambler and would rather know that the rate is locked than lose sleep if the market starts trending upward, but not every borrower shares my opinion.

I can share that rates are generally locked for either 15 or 30 days and on any given day the pricing is generally better for the shorter term lock (15 days). So if you've been delaying locking your loan, I would never recommend locking it (with a 30 day lock) 16 days away from closing. You're probably better off waiting another day to get the improved pricing on a 15 day lock.

Borrowers should ask themselves how much risk they can handle. Often the process of purchasing a new home is stressful enough, and when weighed with all the other considerations, it makes sense to lock the loan well in advance of the closing. Ask your qualified mortgage professional for his input. If rates have gotten substantially better since you've locked your loan and you're still a ways away from your closing date, it may be possible for your mortgage professional to switch lenders and take advantage of the improved pricing with a new lock at a new lender.

Jason Sanders - Bringing Value to Financing - Residential, Commercial, & Hard Money

American Capital Finance

856 308 2462 - cell

856 792 9214 - direct phone

856 792 9215 - direct fax

www.mortgagemantra.blogspot.com

Earning referrals at www.TheValuePagesGroup.com