Wall Street Suffers - Mortgage Rates Prosper!

Bad news on Wall Street can at times trigger exceptional savings events in the mortgage indsutry. Just like today!

Here is a quick snap shot of the 30yr fixed average rate in CA over the last twelve months, please note the last three days or so we have scene huge losses in the DOW Industrial Average This is a screen shot of BankRate.com's great morgtage graph tool www.bankrate.com:

As you can see rates have been dropping fast very recently. In fact this morning I saw the best 5% 30yr fixed rate I have scene in months 5.75% conforming term on a 30yr fixed full doc loan.

If you have a loan stuck in the 7's now is the time to exit that baby and save HUGE! We can help you understand the break even point even if you have a prepayment penalty.

The hardest thing to do is witness falling rates and feel that your hands are tied. You have options! And you may be surprised what some basic math will tell you about your loan and savings to be had by swtiching.

Let my team at Signature Capital help you out. Simply call 888-367-6926 and ask me: "Ken I need to know if you can save me some money today and we'll get started answering that question for you". No hassles, no commitments, no cold calls.

Best Regards,

Kenneth Knapp
"Your mortgage broker for life!"