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Bright Mortgage was listed among the 

Top Ten Most Dependable in Texas

Toll Free (800) 933 - 8156

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Excellent Credit Scores Are Now A Critical Requirement !

 

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Looking Ahead in the Capital Markets 

Chairman Bernanke waited as long as possible for the recent ease so that Libor might move down lock- step with the Fed's cut, so as to have the intended broad economic effect. Otherwise, the emergency ease would have only had the effect of "pushing on a string" if Libor did not decline in tandem. Three-month Libor is now inverted -25bps to federal funds at 3.25%, versus +30 bps historically and +75bps at the end of '07. Bernanke's actions deserve the benefit of the doubt until the outcome of this recent global economic downdraft fully unfolds.

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30 Yr Fixed 4.5% to 5.25%  APR 4.69% to 5.61%
15 Yr Fixed  4.375%  to 5.0% APR 4.58% to 5.49%
30 Yr Jumbo 6.5%  to 7.75%  APR 7.49% to 7.96%

Are You an "Elite Borrower" ?

If your Credit Scores are in the upper 10% above average you may qualify for our "Elite Borrower Rates" available ONLY to applicants meeting my "Private Client Group" criteria. Lower rates may be available to borrowers with higher credit scores and lower Loan to Values (LTV) on loan amounts over $417,000

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Last Updated 08/04/2011