Oh my… Countrywide just set new rates (effective tomorrow)…

[davelj]

Among others, 7.9% for a full-doc 5/25 ARM with 20% down and a 700 FICO. Ouch. That’s gonna leave a mark.

[brian_in_la]

Hey Davelj – is this via their website? I checked it out and couldn’t get it to generate rates….maybe I’m just a clumsy user…..

Can you dish some more on where you got the info and if you know what the change is to?

[brian_in_la]

Hey Davelj – is this via their website? I checked it out and couldn’t get it to generate rates….maybe I’m just a clumsy user…..

Can you dish some more on where you got the info and if you know what the change is to?

[brian_in_la]

Hey Davelj – is this via their website? I checked it out and couldn’t get it to generate rates….maybe I’m just a clumsy user…..

Can you dish some more on where you got the info and if you know what the change is to?

[Pasadena Broker]

I’m not fond of CW, and I personally don’t use/recommend them to my clients.

The 7.9% is for non-conforming. When I checked last week, one of my major lenders was offering 7.5% for a 30 year fixed. 5/25 probably isn’t a good idea right now.

Rate sheet is only accessible to approved brokers, I’m guessing info was sourced from this forum:

http://www.tickerforum.org/cgi-ticker/akcs-www?post=3256

[Pasadena Broker]

I’m not fond of CW, and I personally don’t use/recommend them to my clients.

The 7.9% is for non-conforming. When I checked last week, one of my major lenders was offering 7.5% for a 30 year fixed. 5/25 probably isn’t a good idea right now.

Rate sheet is only accessible to approved brokers, I’m guessing info was sourced from this forum:

http://www.tickerforum.org/cgi-ticker/akcs-www?post=3256

[Pasadena Broker]

I’m not fond of CW, and I personally don’t use/recommend them to my clients.

The 7.9% is for non-conforming. When I checked last week, one of my major lenders was offering 7.5% for a 30 year fixed. 5/25 probably isn’t a good idea right now.

Rate sheet is only accessible to approved brokers, I’m guessing info was sourced from this forum:

http://www.tickerforum.org/cgi-ticker/akcs-www?post=3256

[davelj]

I got it from a different forum, but the link is the same. Here it is:

https://www.cwbc.com/PdfFiles/WLDBC%20CA.pdf

[davelj]

I got it from a different forum, but the link is the same. Here it is:

https://www.cwbc.com/PdfFiles/WLDBC%20CA.pdf

[davelj]

I got it from a different forum, but the link is the same. Here it is:

https://www.cwbc.com/PdfFiles/WLDBC%20CA.pdf

[Pasadena Broker]

Good thread davelj.

Can’t wait for tomorrow, it’s going to be another interesting week that’s for sure. Looks like CW is going the other way with pricing and I’m going to guess that the other lenders are going to follow suit.

[Pasadena Broker]

Good thread davelj.

Can’t wait for tomorrow, it’s going to be another interesting week that’s for sure. Looks like CW is going the other way with pricing and I’m going to guess that the other lenders are going to follow suit.

[Pasadena Broker]

Good thread davelj.

Can’t wait for tomorrow, it’s going to be another interesting week that’s for sure. Looks like CW is going the other way with pricing and I’m going to guess that the other lenders are going to follow suit.

[brian_in_la]

Well, our jumbo-sized cali loans just got a bit pricier…interesting to see another lender raising rates…between the subprime shutdown and jumbo’s rate increase it is getting ugly….thanks for info you guys…

[brian_in_la]

Well, our jumbo-sized cali loans just got a bit pricier…interesting to see another lender raising rates…between the subprime shutdown and jumbo’s rate increase it is getting ugly….thanks for info you guys…

[Author]

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