Prospect Mortgage – Daily Rates – June 15th, 2009

Good morning!

 

MARKET UPDATE:  This morning the selling pressure hits the stock and commodities markets due to Japan on Friday, and Russia today, reaffirming the strength of the dollar as the international primary reserve currency of choice.  Selling pressure this session hasn’t been limited to stocks. Instead, commodities are also grappling with considerable pressure, most of which stems from the U.S. dollar’s strength following comments from a Russian official that indicated the dollar will remain the primary reserve currency of choice. In turn, the Dollar Index is up 0.9%, which means it is now up 1.8% during the course of the past two trading sessions.

 

Quotes of the Day,

 

The difference between greatness and mediocrity is often how and individual views a mistake…

       Nelson Boswell

 

Failure is success if we learn from it.

       Malcolm S. Forbes


Be absolutely clear about who you are and what you stand for. Refuse to compromise.

       Brian Tracy

 

Conventional Rates                                                                                Jumbo Loan to $1M – 70% LTV Max

 

 

 15 Year Fixed

 

 

30 Year Fixed

 

 

30 Year Jumbo Fixed

         

 

 

 

4.625%

@ 2.0pts

 

5.125%

@ 2.0pts

 

6.125%

@ 2.0pts

         

 

 

 

4.875%

@ 1.0pts

 

5.375%

@ 1.0pts

 

6.375%

@ 1.5pts

         

 

 

 

5.125%

@ 0.25pts

 

5.625%

@ 0.5pts

 

6.625%

@ 1.0pts

           

       

 

 

 

         

 

 

 

FHA/VA 30 Year Fixed

   

 

 

         

 

 

5.375%

@ 2.0pts

     

 

 

         

 

 

5.75%

@ 1.0pts

     

 

 

         

 

 

6.0%

@ 0.0pts

     

 

 

 

Please call anyone of us for your pricing NEEDS!!!

 

Prospect Mortgage – Largest Privately Held Mortgage Banker in the United States.

 

 

                    

Kenneth Leung

Cantonese Speaking

Cell: 808-228-3922

Fax: 866-671-7785

KENNETH.LEUNG@PROSPECTMTG.COM

My Website

 

Robin Yamaguchi

 

Cell: 808-277-4055  

Ph:  808-730-7801

Fax: 866-671-6539/808-483-2101

ROBIN.YAMAGUCHI@PROSPECTMTG.COM

Paul Tamashiro

Japanese Speaking

Cell: 808-216-1395

Fax: 866-671-6554

Paul.Tamashiro@Prospectmtg.com

WWW.PaulTamashiro.Com

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