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Mortgage News and Commentary
Mark Leaver, Broker
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Wednesday: the sharpest drop in consumer prices, sharper than anything seen in most of our lifetimes (I'm assuming you're under age 61), should allow bond yields and thus rates to move lower. As bond investors see evidence of lower inflation, they are willing to accept lower bond payments - yields. Lower yields is a fancy way of saying lower rates. The ten year yield has moved below 3.4

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Program	Max Loan	Rate	Points	Cost	APR		Lock
30 Year Fixed	417,000	5.625	1.000	Click Here to Itemize Your Closing Costs	5.745		Click Here to Lock this Rate
30 Year Fixed	417,000	5.750	0.500	Click Here to Itemize Your Closing Costs	5.870		Click Here to Lock this Rate
30 Year Fixed	417,000	5.875	0.250	Click Here to Itemize Your Closing Costs	5.995		Click Here to Lock this Rate
30 Year Fixed	417,000	6.000	0.000	Click Here to Itemize Your Closing Costs & Rebate	6.120		Click Here to Lock this Rate
30 Year Fixed	417,000	6.125	0.000	Click Here to Itemize Your Closing Costs & Rebate	6.245		Click Here to Lock this Rate
30 Year Fixed	417,000	6.250	0.000	Click Here to Itemize Your Closing Costs & Rebate	6.370		Click Here to Lock this Rate
15 Year Fixed	417,000	5.375	1.000	Click Here to Itemize Your Closing Costs	5.615		Click Here to Lock this Rate
15 Year Fixed	417,000	5.500	0.750	Click Here to Itemize Your Closing Costs	5.620		Click Here to Lock this Rate
15 Year Fixed	417,000	5.625	0.500	Click Here to Itemize Your Closing Costs	5.745		Click Here to Lock this Rate
15 Year Fixed	417,000	5.750	0.125	Click Here to Itemize Your Closing Costs	5.870		Click Here to Lock this Rate
15 Year Fixed	417,000	5.875	0.000	Click Here to Itemize Your Closing Costs & Rebate	5.995		Click Here to Lock this Rate
30 Year Fixed	625,500	5.750	1.000	Click Here to Itemize Your Closing Costs	5.870		Click Here to Lock this Rate
30 Year Fixed	625,500	5.875	0.500	Click Here to Itemize Your Closing Costs	5.995		Click Here to Lock this Rate

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Equal Housing Lender. Copyright 2008 Mark Leaver. All rights reserved. Terms and Conditions of Use. Read our privacy statement. CA Department of Real Estate, Real Estate broker. Rates appearing on the Loanlane web site are intended for California owner occupied single family residence only. The information contained herein is believed to be reliable. However, we do not make any representations as to its accuracy or completeness. Any statements nonfactual in nature constitute only current opinions, which are subject to change. Mortgage rates are subject to change without notice. Mortgage rates posted on this web site apply to applicants with a minimum FICO score of 720 or a loan-to-value ratio less than 60%. Stock quotes, if displayed, are delayed 20 minutes. Stock quote data and market index information is provided for information purposes only, and is not intended for trading purposes. Loanlane is not liable for any errors or delays in the content, or for any actions taken in reliance thereon.