4.5% 30 Year Fixed Rates Available in Spokane, Spokane Valley, South Hill, Mead, Nine Mile Falls, and Deer Park - 12/17/08 11:01 AM
Well, the Fed has finally done something that should make all homeowners and prospective homeowners happy...they lowered their target for the Federal funds rate to 0%-25% While that does not DIRECTLY impact mortgage interest rates (and it would take pages of economic and fiscal speak to explain why) yesterdays' move HAS had a positive impact. Two weeks ago I was able to offer clients rates in the mid 5% range. This morning I logged into my favorite wholesale lender to see 4.5% with NO ORIGINATION FEE!!!! That's unprecedented.
Who benefits:
Existing homeowners in Spokane, Spokane Valley, South Hill, Mead, Nine … (4 comments)

 
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Michael Mullin MLO 11911 ~ Banker/Broker FHA, VA, USDA, Conventional Loans

Spokane, WA

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First Priority Financial, helping home owners in WA and CA

Address: 5978 Hwy 291, Suite 3, Nine Mile Falls, WA, 99026

Office Phone: (509) 252-9151

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