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home buying: Interest Rates at Historical Lows! - 12/18/08 07:14 PM
 
30-YEAR FIXED RATES AT HISTORICAL  LOWS!!! According to the Primary Mortgage Market Survey®published today   at Freddiemac.com the average rate in the Southeast on a 30 Year Conventional Fixed Mortgage is at 5.24% and 4.95% for a 15 Year term. Of course these rates can vary a bit from lender to lender but these are incredible Mortgage loan interest rates! (The APR will vary on these approximate rates based on the amount of closing costs charged by the lender of your choice)
According to The National Association of Realtors, the Federal Reserves lowering of the key interest rate will have a … (2 comments)

home buying: Lower the Interest Rate to What?!?! - 12/04/08 06:15 PM

 
 
 
 
    4.5%
    ?!?!?
 
 HAVE YOU HEARD ALL THE BUZZ ABOUT THE INTEREST RATE?
 
 
Now bear in mind that I am not in the Mortgage Industry but it seems that there has been some
interesting news(no pun intended) going on today about the interest rate going to 4.5%!
 
According to the Wall Street Journal the US Treasury Department is in the developmental stages of a plan working with Fannie Mae and Freddie Mac to encourage banks to lower their standard 30 year fixed rate mortgages to 4.5%. According to the Primary Mortgage … (3 comments)

 
Debbie Rainmaker_large

Debbie Hutchins ~ Marketing Consultant ~

International, INT

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Office Phone: (205) 663-4915

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I have lived in the Birmingham area all of my life! Selling Real Estate has been a rewarding and fulfilling experience! Meeting new people and helping them with the most important purchase of their life has been an honor that I have truly enjoyed! I am currently enjoying living a Pura Vida retired lifestyle!

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