shirly
01-30-2007, 09:49 PM
Hi,
CA – Los Angeles, San Francisco
The average mortgage rates for a 30-year FRM are slightly higher in LA than it is in SF, with the reverse being true for points. Though the rates for 15-year FRM in both the cities are similar, the total points are not identical, with rates in SF having a slight edge. Rates for 1-year ARM in SF are much lower than it is in LA and the difference is further heightened by the absence of points in SF.
Thanks and Regards
Shirly Smith
CA – Los Angeles, San Francisco
The average mortgage rates for a 30-year FRM are slightly higher in LA than it is in SF, with the reverse being true for points. Though the rates for 15-year FRM in both the cities are similar, the total points are not identical, with rates in SF having a slight edge. Rates for 1-year ARM in SF are much lower than it is in LA and the difference is further heightened by the absence of points in SF.
Thanks and Regards
Shirly Smith