For the remainder of 2010 residents and future ones can take advantage of some great jumbo mortgage rates. Typically a jumbo mortgage rate can be three quarters of a percent to a full point higher than a conventional mortgage.

In Fairfield County CT the conventional jumbo mortgage loan limit is $708,750. So to refinance or purchase a home in Fairfield County you can apply for a mortgage that is higher than the conventional loan limit of $417,000 and get much better rates than that of a regular jumbo mortgage.

Eversley Capital Mortgage is committed to the residents of Fairfield County to deliver the lowest conventional jumbo mortgage rates possible. Call or click today (203) 838-6760 or www.EversleyCapital.com

In Fairfield County Connecticut a jumbo mortgage is a loan amount more than 417,000. Any loan amount over that would be considered a jumbo mortgage. The good news for homeowners and potential ones in this area are both Fannie Mae and Freddie Mac has what is called a conforming jumbo mortgage.

The conforming jumbo mortgage allows a loan limit up to $708,750 in Fairfield County CT. So borrowers would not have to apply for harder to get jumbo mortgages. The interest rates are typically a quarter percent or so higher than that of a conventional mortgage of 417,000 or less. However jumbo mortgages can often times be three quarters to a full point higher than conventional loan so the conventional jumbo mortgage is the way to go.

Go to www.EversleyCapital.com to find the best conventional jumbo mortgage rates.

If you are in an adjustable rate mortgage or “ARM” now is a great time to take advantage of a fixed rate mortgage.

Eversley Capital Mortgage, a local Connecticut mortgage broker is committed to offering great rates and low closing costs. Today’s mortgage rates allow homeowners who are in an adjustable rate mortgage to lock in low fixed rates. If you have an adjustable rate mortgage that will adjust in the next year or two and you plan on still living in the same home for more than a year or two do not wait, call us today.

Check out our low fixed rates today. www.EversleyCapital.com

Looking for low mortgage rates in Norwalk CT? At Eversley Capital Mortgage a local Norwalk mortgage broker you will find just that. Located behind Norwalk town hall Eversley Capital Mortgage specializes in low cost residential mortgages.

To see what the current mortgage rates are go to www.EversleyCapital.com for Connecticut’s lowest mortgage rates or call us at (203) 838-6760. We want to help you finance your dreams.

The business model of Eversley Capital Mortgage LLC Norwalk CT is to provide great rates and keep closing costs low. The mortgage industry is a service orientated business. Customers want great service. They also want great rates and low fees.

The goal is to grow the company by referral and word of mouth and the best way to do that is low rates, fees and of course great customer service. So are you in the market for a mortgage? If so we are a click away www.EversleyCapital.com check out our rates today.

Below is a chart showing the trend of mortgage rates dating back to 1992. We have seen rates nearly at 10 percent and the more recent low’s in the four’s. Current mortgage rates are around 5 percent.

Copyright © 2009 Mortgage-X.com
Source: www.mortgage-x.com
Reprinted with permission

Great mortgage rates are a click away www.EversleyCapital.com

Connecticut mortgages that were in default or foreclosure rose in the fourth quarter to 8.06 percent according to the Mortgage Bankers Association. The national average for all mortgages 90 days past due or in foreclosure is presently 9.67 percent.

While Connecticut has not had the default rate of the worst boom then bust housing states like California, Nevada, Florida or Arizona an 8.06 percent rate is still not all that good. As unemployment goes so will these percentages of default or foreclosure. Not until there is stabilization in the work force should we expect housing statistics like these to improve.

Shopping for mortgage rates in CT is a click away www.EversleyCapital.com

Shopping for a mortgage? You can use a free mortgage calculator at www.EversleyCapital.com. There you can find a standard mortgage calculator as well as a bi-weekly and interest only calculator. You can also use a refinance calculator to help determine if refinancing your home makes sense.

Aside from shopping mortgage rates at EversleyCapital you have unlimited access to calculate your payments and savings. Great rates are a click away.

Eversley Capital Mortgage LLC

3 Eversley Ave

Norwalk CT 06851

(203) 838-6760

We have taken the necessary steps to allow homebuyers and home owners who want to refinance the ability to go to the web page of Eversley Capital Mortgage LLC, Norwalk CT and put in their loan scenario and get their interest rate back in seconds.

There are mortgage calculators available, they can check and compare any loan program that they wish 24 hours a day and 7 days a week. This allows our customers to be able to get online loan rates at a few strokes of their keyboard.

You can call and speak to one of our mortgage consultants or take the liberty yourself to fill out a quick and secure application at the site and get your tentative loan decision within minutes. The best rates are a click away at Eversley Capital Mortgage LLC.

Here is some mortgage advice for all types of borrowers. It does not matter whether you are purchasing a home or trying to refinance a home in CT or anywhere in the US for that matter. Here are some good tips:

The biggest question asked is whether it is best to use a mortgage broker or your local bank. The best answer that I can give is if you go to your local bank whatever rate they are offering is what you are getting. Where as a mortgage broker is looking over all the different banks and lenders to see what the best deal is available for you. For the most part you can often get a better rate from a mortgage broker than your bank. And there are several instances where your local bank may have a special program that has a great rate. The best advice is to shop around and compare the two

A mortgage broker needs to be licensed and pass a test to originate loans where as the employee at your bank does not.

If you are looking for definitions of terms of the mortgage process I wrote a vast database of terms and definitions that you can use. Go to www.LoanClassroom.com and look under the glossary.

If you are looking for a payment calculator or want to apply for a mortgage go to www.EversleyCapital.com and you will find a free mortgage calculator, a secure place to apply and also get more questions you may have answered.

And as always I am around any time via phone or e-mail if you have any questions 203-838-6760.