Even if you have limited savings, our low-down-payment programs can help you become a homeowner.
Quick! While mortgage rates are low. NOW is the time to look into refinancing your home.
- Bonnie Raitt. Better believe that last week's news gave us plenty to talk about.and even a few things to smile about. Here are the highlights.
- Obama Urges Americans to Refinance Mortgages
- Mortgage Rates Rise Off Record Lows
- Wells Fargo Mortgage Business Drives First Quarter Earnings Record
- Bank of America Refinancing Under Making Home Affordable Program
Provided by the American Recovery and Reinvestment Act
On Feb. 17, 2009, the President signed a new stimulus bill - called the American Recovery and Reinvestment Act of 2009 - into law.
- EFFECTIVE MARCH 1, 2009.
On February 6th, 2009 FNMA announced their plan to allow up to 10 financed properties per borrower again.
-- U.S. mortgage rates dropped to the lowest in more than three decades as the government stepped up efforts to revive the housing market.
Home Financing Information
Reverse Mortgage is a unique loan that enables senior homeowners to convert part of the equity in their homes into income without having to sell the home, give up title, or take on new monthly payments.
Please visit these links to become more aware of the current mortgage process:
www./ml-implode.com
www.thetruthaboutmortgage.com
Current Rates
March, 2009
Please note that commercial mortgage rates quoted here are for informational purposes only and change frequently. To speak directly with an investment advisor and to learn more about our financing services, please submit your secure loan request.
RATES FOR 8/20/2011
| COMMERCIAL MORTGAGE MARKET RATES | |||
| Index | Current Rate | Last Month | Last Year |
| Prime | 3.25% | 3.25% | 3.25% |
| Libor (6 Month) | .40% | .43% | .76% |
| 5 Year Treasury | 1.62% | 1.86% | 1.97% |
| 10 Year Treasury | 3.04% | 3.16% | 3.18% |
Next: Learn about Steelhead's Investment Strategies »
Steelhead Capital offers broker direct solutions for commercial real estate financing. While the current market has been challenging for many investors over the past couple years, we are able to help with an increasingly broad spectrum of property types in recent months. Property types that are currently showing the most activity include NNN retail, office, multifamily and more. We look forward to the possibility of assisting you in your commercial loan needs.
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Abacus Commercial Lending provides hard money loans. Very fast closing with private bank funding. The Florida Lender for difficult deals. We are an asset based lender - we use common sense on the underwriting of our commercial loans - if the asset makes sense, we will more than likely do the deal.

