Mortgage Rate Update for 7/16/2009
Interest Rates came back down a little bit today following the yield on the 10 year bond this morning. 30 year fixed rates are hovering around 5.25% with 0 discount points (APR 5.345%) and 15 year fixed rates came down to around 4.625% with 0 discount points (APR 4.755%).
About the Author
John Neil is a loan officer that is passionate about his profession. His goal with every transaction is to make a customer for life. The result is that 95% of his business comes from referrals of satisfied clients. If you need a cache valley mortgage, you can contact John at 435-770-2709. You can also follow him on twitter @LoganUTMortgage or facebook @facebook/MortgageNerd