Santa Fe Mortgage Rates at a Glance

From Anasazi Mortgage in Santa Fe…

Conforming rates are remaining steadily at 4.875%, but with some upward pressure with this afternoon’s trading activities.  Stock and bond investors, for the most part, seem to have concluded the bottom of the recession has been marked.  Genworth, a mortgage insurance company, has also acknowledged less economic stress/declines in values, and has subsequently removed ALL but five states from the stressed list (NM is not included in the five remainder “stressed” states).

Things are looking up – we’re not out of the economic woods yet, but a clearing is in sight.  Call us with questions and scenarios.

ANASAZI MORTGAGE RATES

FOR Primary Residence (no cash out)

As of 9/21/2009

Mortgages to $417,000

w/ 1 Point

APR

w/ no Point

APR

30-YR

4.875%

5.014%

5.125%

5.177%

15-YR

4.375%

4.767%

4.75%

4.838%

Mortgages  $417,001 – $500,000

w/ 1 Point

APR

w/ no Point

APR

30-YR

5.50%

5.618%

6.625%

6.653%

15-YR

5.375%

5.575%

6.00%

6.045%

Mortgages  $500,001 – $600,000

w/ 1 Point

APR

w/ no Point

APR

30-YR

5.750%

5.870%

6.625%

6.653%

15-YR

5.625%

5.826%

6.000%

6.045%

Mortgages  $600,001 – $700,000

w/ 1 Point

APR

w/ no Point

APR

30-YR

6.125%

6.247%

6.625%

6.653%

15-YR

5.625%

5.826%

6.000%

6.045%

Mortgages  $700,001 – $900,000

w/ 1 Point

APR

w/ no Point

APR

30-YR

6.25%

6.373%

6.625%

6.653%

15-YR

5.625%

5.826%

6.00%

6.045%

ARM (Adjustable Rates Mortgage) & Interest Only programs are also available – Please call for Quotes.

Ginger Bowe Sullivan
Anasazi Mortgage
460 St. Michaels Drive, Suite 601
Santa Fe, NM  87505-7652
Phone:     505-995-8888
Toll-free:  800-995-8888 (if outside Santa Fe)
Fax:         505-995-8885
Email:      ginger@anasazimortgage.com
Website:   www.anasazimortgage.com