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Conforming and Non-Conforming Rates for Week of May 20, 2013

Loan Type Points Maximum Rate Payment
Per $1.000*
APR

30 Yr. Fixed
15 Yr. Fixed
5/1 ARM
7/1 ARM
10/1 ARM
0
0
0
0
0
$417,000 3.625%
2.875%
2.875%
3.000%
3.125%
$4.56
$6.84
$4.01
$4.14
$4.21
3.91%
3.13%
2.94%
3.19%
3.31%

30 Yr. Fixed
15 Yr. Fixed
5/1 ARM
7/1 ARM
10/1 ARM
0
0
0
0
0
$625,500 3.750%
2.990%
2.750%
3.125%
3.375%

$4.56
$6.90
$4.08
$4.21
$4.35
3.95%
3.17%
3.01%
3.20%
3.36%


15 Yr. Fixed (purchase)
5/1 ARM (purchase)
7/1 ARM (purchase)
10/1 ARM (purchase)

0
0
0
0
$5,000,000 3.750%
2.750%
3.125%
3.375%
$7.21
$4.08
$4.21
$4.35
3.99%
2.77%
3.02%
3.64%

*Assumption: first-trust deed

Check out this week's featured rates IN BOLD!

Closing Prices and Changes for the Previous Week

30 Year Treasury Bond 3.16% +0.03%

10 Year Treasury Bond 1.96% +0.04%

5 Year Treasury Bond 0.84% +0.02

2 Year Treasury Bond 0.24% Unch.

6 Month Bill 0.08% Unch.

Prime Rate 3.25% Unch.

Recently Closed Transactions

Amount Loan-to-Value Transaction Location

$10,100,000 75% LTV Purchase Bel Air

$5,670,000 70% LTV All Cashout Refi Malibu

$5,500,000 75% LTV Purchase West Los Angeles

$4,900,000 75% LTV Purchase West LA

$3,900,000 70% LTV Purchase Los Angeles

$3,000,000 75% LTV Purchase Santa Monica

$2,550,000 65% LTV Purchase Santa Monica

$2,100,000 65% LTV Purchase Malibu

$1,900,000 Reduced doc - no tax returns* Purchase Hancock Park

$1,850,000

60% LTV
(1st/25% Seller Carryback)

Purchase Westlake Village

$1,800,000 70% LTV Purchase Rancho Mirage

$625,550 Funded by In-house Bank / 10 day close Purchase Sherman Oaks

2012 Conforming Loan Limits

1 - Unit $625,500

2 - Units $934,200

3 - Units $1,129,250

4 - Units $1,403,400

 
2011 Loan Limits
1 - Unit $625,550

2 - Units $934,200

3 - Units $1,129,250

4 - Units $1,403,400