Housing costs are another notable area of disinflation. With housing in obvious oversupply, rent and owners’ equivalent rent should continue to moderate for a least another year. See attachment for more information.

Today’s Rates: Nov. 13, 2009

PRODUCT                                  RATE % **         

30Y Conforming                    4.750        better by 0.125%
30Y Conf Jumbo                    5.000        better by 0.125%
30Y Jumbo                              5.625         no change
10/1 ARM Jumbo I/O         5.750         better by 0.125%

** All rates include 1 point

If you or your customers have any mortgage financing needs ….pre approvals or you would like open house flyers for your listing, please do not hesitate to call me. I would be pleased to provide assistance. I can be reached at 415-902-629.

Have a great weekend,

Neil Dellacava
Home Mortgage Consultant
Wells Fargo Home Mortgage
MAC M2135-011
3214 Fillmore Street
San Francisco, CA 94123
415.359.2080 Tel
415.902.6295 Cell
866.608.3459 eFax
neil.dellacava@wellsfargo.com
http://www.wfhm.com/neil-dellacava