mortgage rates increase in moscow pa: Moscow Pa Homes For Sale - Interest Rates Moving Up
- 03/30/12 06:50 AM
The Scranton Times reported this week that interest rates for 30 year fixed loans have risen. The mortgage interest rates can rise and fall driven by our economy and other economic indicators. For several weeks we saw interest rates below 4%. That is a record low in our country. In 2005 a mortgage for $100,000.00 at 6.5% would cost $6,500.00 per year in interest. The same loan last month at 3.92% would cost $3,920,00 per year. The interest rate has a direct bearing on how much home you can afford to buy. Currently it is reported the average 30 year fixed … (0 comments)
The Scranton Times reported this week that interest rates for 30 year fixed loans have risen. The mortgage interest rates can rise and fall driven by our economy and other economic indicators. For several weeks we saw interest rates below 4%. That is a record low in our country. In 2005 a mortgage for $100,000.00 at 6.5% would cost $6,500.00 per year in interest. The same loan last month at 3.92% would cost $3,920,00 per year. The interest rate has a direct bearing on how much home you can afford to buy. Currently it is reported the average 30 year fixed … (0 comments)
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