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2010-06-08 08:02:21
Interesting Interest Rates

We have been hearing rumors that interest rates will be dropping in the next 30 to 60 days to historic lows!  Currently the 30 yr fixed Conventional rates are at 4.75% (APR 5.718) down from 5%, FHA is at 4.75% (APR 5.467) down from 5% at Guild Mortgage.  Can you imagine what this will do for the real estate market? Anyone that hasn’t taken advantage of the low pricing yet should get ready!

For instance, if you were to find a home today and get the seller to accept your offer we could negotiate a typical escrow period of 45 days. This would put you in the running to take advantage of these low rates!

Call us today … let’s get moving! 435-753-0606

 
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