Good afternoon,
We are seeing another pleasant dip in interest rates coming into today, the main reason for this continued benefit to interest rates lies in the economic reports consistently showing that the economy is still very slow right now.
When we investors start to see consistent economic growth, we will see these rates rise with them, but for now they are staying quite low.
Rates: 30 year fixed at 4.25% and the 15 year at 3.75%, FHA: 4.125%:
As always rates change with individual credit scenarios and programs, with credit in the mid 700s and a 20% down payment these rates are what you should be seeing.
Thanks
Matt
Matt Royer Mortgage Consultant, CMC | Homes Mortgage NMLS# 366970
Comments(0)