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cheapest mortgage rates cary nc: If You Have An ARM, Pull Out Your Note - 09/17/08 04:58 PM
LIBOR is on the rise.  In fact, according to Bloomberg:
"The overnight Libor rate in U.S. dollars soared 3.33 percentage points to 6.44 percent today, its biggest jump in at least seven years, according to the British Bankers' Association. The one-week rate rose by more than a percentage point, to 3.88 percent from 2.49 percent on Monday, and the one-month rate increased to 2.75 percent from 2.5 percent."
Granted, most adjustable rate mortgages are not tied to the 1 day LIBOR... but most are tied to SOME part of LIBOR!  So I suggest that you get out your note, and look … (7 comments)

cheapest mortgage rates cary nc: Lowest Mortgage Rates Cary NC - 01/22/08 09:19 AM
Here in Cary, NC we are lucky that we have a strong real estate market - yes there are many new homes "on sale" as New Home Builders have a large inventory - but overall we are LUCKY that we have APPRECIATING property values! Now we find that  Rates could go below 5%.
The Fed Reserve has lowered their lending rates - and it looks like mortgage interest rates in Cary could be the cheapest they have been in YEARS!  Home loan interest rates should be below 5.25% on a fixed rates mortgages before the end of the day!
We are talking … (1 comments)

 
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Cary, NC

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Steve Thorne NC Mortgage Experts

Address: 111 Corning Road, Suite 230, Cary, NC, 27518

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