home loan rate
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Best home loan rate in past 5 years?
Whats the lowest rate you have heard in the past 5 years for a 30 year fixed, no points or prepay penalty, jumbo home loan in Califiornia?
Pls provide date and place if known.
Jumbo A paper in California, I had 5.25 without points for about three weeks in June 2003. 5.125 got as low as 0.1 points. Conforming went to 4.875 for about three hours one day. Locked four loans while it was there. These rates applied statewide.
Don’t look for that to happen again soon.