Monterey County Mortgage Guide

Description and charts of some popular loan products

30-yr Fixed	3.500%
15-yr Fixed	2.875%
30-yr Fxd Jumbo	4.375%
5/1 ARM	2.500%

Rates current as of:
5/24/2013

Lots of great advice for both buyers and sellers. A must-read when shopping for a loan.

• When Refinancing Pays Off
• Keeping an eye on rates
• Deciding to Buy or Rent
• Negotiating a Lower Price
• Mortgage Lenders & Brokers
• Home Affordability
• and many more...

• How much can I borrow?
• What will my payment be?
• Is it time to refinance?
• Should I pay points?
• Am I better off renting?
• Compare different loans
• Calculate Tax Savings
• Fixed Rate vs. Adjustable
• and many more...

• Refinancing and Avoiding Foreclosure
• Credit and Homeownership
• Advantages of Pre-Approval, Pre-Approval vs Pre-Qualification
• 10 Questions to Ask a Home Inspector
• and many more...