Albuquerque Mortgage Update
Today, nearly 50% of all struggling homeowners have two mortgages. Typically, many borrowers split their mortgage into two to avoid an additional Private Mortgage Insurance monthly payment. The shortcoming with this is that having two mortgages complicates attempts to refinance or modify home loans.
If you’re interested in refinancing or looking into a modification, I’d be happy to help you examine your options. Even if a modification isn’t right for you, there may be an opportunity to refinance your mortgage and take advantage of today’s historic lows.
Mortgage Interest Rates* as of Monday, 14th September, 2009:
|
Conforming
|
APR
|
Pmt per $1,000
|
Jumbo
|
APR
|
Pmt per $1,000
|
|
|---|---|---|---|---|---|---|
|
CF 30
|
5.125%
|
5.257%
|
$5.44
|
6.5%
|
6.596%
|
$6.32
|
Kimberly DeaBueno
Loan Processor
Integris Funding LLC
Phone: (505) 559-5514
Fax: 505-213-0506
E-mail: kdeabueno@integrisfunding.com
Web: www.IntegrisFunding.com
*Rates are subject to change due to market fluctuations and borrower’s eligibility.
