Rates April 27th, 2011

Conventional 30 yr Fixed  –  4.75% — no points Conventional 15 yr Fixed  –  3.99% — no points

Conventional 5/1 arm- 3.375% — no pointsJumbo 5/1yr arm  – 4.125% — one point

FHA 96.5%- 4.625%  – 30 year fixed — no pointsVA 100%- 4.625% – 30 year fixed  — no points

All conventional loan rates are based on a middle credit score of 740 or higher and a loan amount of $150k or higher on a primary residence purchase.  Max loan to value on all conventional loans is 95% due to mortgage insurance guidelines. (debt to income ratio is limited for mortgage insurance above 90% loan to value)   All rates based on purchase money mortgages for primary residences. Rates are subject to change based on market conditions and are intended to be used as a guide only.  For APR and up to the minute rates, please call for a rate quote.

For more information on our loan programs or to make an application, please contact: Tyler Oden
Tyler.oden@suntrust.com
www.tyleroden.com
Office:  850 425-6716
Fax:  850 425-6730
Mobile: 850 294-6626

For all its problems as a search engine Trulia has some great 

statistics and interactive maps.
They just released their “Price Reductions Map”
In 32308, a representative Tallahassee zip code, the average listing
is on the market 81 days before an average 8% price reduction. And
there is a 38% chance of a second reduction.
Good information for buyers and sellers. Buyers- look for listings
that have been on the market for a few months. Sellers- Price your
listing right!

See the full map here:
http://explore.trulia.com/datavis/priceredux/Q1-2011/?ecampaign=anews&eur…

Barry Bevis, Broker/Realtor
C-850-491-3600
F-877-870-9066
www.BevisRealty.com

A new brilliant plan by the FDIC- pay people who are 90 days behind 

20K to leave their homes. Pay for 1K for them to financial counseling.
Yes I’m being sarcastic.

Then the house will be vacant so they have to pay an asset manager to
secure it, take care of it and get it ready for sale. Also vacant
homes are great targets for copper thieves and vandalism. Why not just
streamline the short sale process or do a principle reduction and rate
REFI for borrowers?
Read more here:
http://www.cnbc.com/id/42265558

Barry Bevis, Broker/Realtor
C-850-491-3600
F-877-870-9066
www.BevisRealty.com

Rates April 1st, 2011 

Conventional 30 yr Fixed  –  4.875% no points

Conventional 15 yr Fixed  –  4.25% no points Conventional 5/1 arm- 3.625% no points

Jumbo 5/1yr arm  – 4.375% no points FHA 96.5%- 4.75%  – 30 year fixed  (with a .5 point credit back to
buyer for closing costs)

VA 100%- 4.75% – 30 year fixed (with a .5 point credit back to buyer
for closing costs) All conventional loan rates are based on a middle credit score of 740
or higher and a loan amount of $150k or higher on a primary residence
purchase.  Max loan to value on all conventional loans is 95% due to
mortgage insurance guidelines. (debt to income ratio is limited for
mortgage insurance above 90% loan to value)   All rates based on
purchase money mortgages for primary residences.

Rates are subject to change based on market conditions and are
intended to be used as a guide only.  For APR and up to the minute
rates, please call for a rate quote.

For more information on our loan programs or to make an application,
please contact:

Tyler Oden Tyler.oden@suntrust.com
www.tyleroden.com
Office:  850 425-6716
Fax:  850 425-6730
Mobile: 850 294-6626