Your Interest Rate Update - 07/30/10 03:25 PM
July 19, 2010
 
I hope the summer is treating you well.
 
With more than half the year behind us, I like to check my scorecard and see how the themes and items I thought would drive real estate financing, and economic news during the year have checked out. 
 
First, I'll touch on a couple big recent developments. 
With interest rates hitting their historic floor, No Points No Fees loans are back with a vengeance.  No points No Fees loans offer a slightly higher interest rate than you could get with closing costs, but they utilize the credit/yield spread … (0 comments)

 

Eric Grathwol

Somerset, CA

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Priority 1st Mortgage

Office Phone: (916) 771-9000

Cell Phone: (916) 223-4235

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