30 year mortgage - anything good out there?

specifics?

I think Jim wants you to call him

4.25 from Wells (admittedly back in Sept)

I locked 4.25 (75% LTV, no points) on a jumbo in late sept with Chase and closed in mid Oct (so set rate after the mid sept Fed announcement lowered rates, but didn't get the further lows from a few weeks ago when the 10yr got back down below 2.5% - at that point some banks including Wells seemed to be offering down to 4%). That said, the 10yr has risen 25bps in the past two weeks - though is just dropping today based on Yellen's comments).

Mellon's preferred clients are still being offered in the high 2.0s

thank you!

I was quoted 4.0%, 30-year, no pts, from Wells for a jumbo with 80% LTV for co-op an 75% for condo by Wells last wk.

Yes,
I locked in a client at today at 4.125% on a jumbo 30 year fixed, 80% LTV, 760 Fico, co-op.

Thank you,
Thomas Scarlato
Mortgage Banker/Private Client Lending
Chase Home Finance
917-445-8617
thomas.scarlato@chase.com
NMLS - 626101

Jumbo rates (over 417k) are significantly lower than that now. But please keep in mind rates can change at anytime. Sunny.hong@decapitalmortgage.com NMLSR 483661

I know you asked about 30 year fixed...
But the deal forums and I seem to love the 5/5 ARM via PENFED.ORG at a 2.625% rate...
Just something to seriously consider IMO

Oh... Forgot to mention...
I hear from my mortgage researching the following.. which have been from multiple sources.

Well Fargo is notorious for making up requirements as they go along in the application process resulting in a delayed application time... Which becomes stressful for the buyers and sellers.

Citibank has a very fast application process with little to no hassle.

(should be taken with a grain of salt)

I have heard similar issues with wells, they are just tough in general.

I got 3.875% jumbo fixed 30 years , process was so smoth and easy . i would look at smaller lenders trying to get a footprint in the industry. They can close quicker and turn things over smoother....

I have a greta guy, he has closed all of my friends and family.

To support Superlun's post, I can relay personal experience with Wells Fargo.

Particularly around this time of year, they may spring a "we want to look at your 2013 returns" after they've only asked for, and you provided, 2011 and 2012.
This happened to me.
Essentially dictating how fast to make my accountant prepare all my returns.
Well before april which was ludicrous.
Then they came back with asking for balance sheets.
I lost patience and threatened to walk on the mortgage resulting in them giving up the request.

Of course, not everyone is in a position to choose to buy with or without a mortgage and it was still quite stressful.