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The Fed is having FOMC meeting today and tomorrow. It is expected that Fed will cut 0.25% at this meeting. But it will not affcet the mortgage Rate.
All the rates are for no points no fees:
Conforming(<=417k) 30 yr fixed 5.875% 15 yr fixed 6.000% 5/1 ARM 5.875% 3/1 ARM 5.875%
Jumbo(>417k) 15 yr fixed 6.625% 7/1 ARM 6.625% 5/1 ARM 6.250% 3/1 ARM 6.250%
Call Eric Fang 650-483-9278 or email eric_fang_loan@yahoo.com for other program or rates.
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