After a brutal 3 weeks where mortgage interest rates shot up nearly three quarters of a percent there has been a little break over the last few days. This could possibly be the last hurrah for the low interest rates we have enjoyed for most of 2009. If you have an FHA loan with a rate above 6% now is the time to contact us to see about streamlining that loan to the mid 5’s. Likewise, anyone who needs a cash out loan or who has expensive mortgage insurance along with a rate in the 6’s or higher ought to contact us now. As the last three weeks have shown, low interest rates won’t last forever.
Comments Off on Mortgage interest rates dipping slightly again this week Posted by G.R.A. Admin on Tuesday, June 16th, 2009