Friday Mortgage Brief - Friday, July 15, 2011
The Friday Brief
Current Interest Rates
417K and below with 0 points 30yr fixed 4.500 FHA/VA 4.250 15yr
Fixed 3.750 5yr ARM 2.875 FHA 3.250
417-729k with 0 points 30yr fixed 4.625 FHA/VA 4.375 15yr
Fixed 3.750 5yr ARM 2.990 FHA 3.250
Keeping our clients S.A.F.E.
Investment advisors have been required for years to register with federal and state regulators. Because mortgage loan originators also help their clients make major financial decisions, all of us are now required to be either state licensed or federally registered.
By the end of July, I must be registered in a national database. Each of us is in the process of receiving a unique Nationwide Mortgage Licensing System & Registry number (my NMLSR# will appear in all future
communications) which will identify me wherever I go.
The new rules are mandated by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E.). At SunTrust Mortgage, Inc., we wholeheartedly agree with the Act's objectives: to promote accountability, strengthen consumer protection, and make information about loan originators easily accessible to consumers. We're fully committed to outstanding service - and to being much more than a number to you.
From Bruce
Discovery consists of seeing what everybody has seen and thinking what nobody has thought. -Albert Szent-Gyorgyi
Have a great weekend!
Bruce
Bruce Rosenberger
Chairman's Team
SunTrust Mortgage, Inc
Cell 703.850.1349
Buying or Selling a Home in Northern Virginia? Contact Kim Darwaza of RE/MAX Allegiance for all of your Real Estate needs at 703-856-2254 or kim@kimdarwaza.com. Search the MLS at http://www.kimdarwaza.com.