Mortgage rates are looking great. The have gone down by almost a half point from last week to this week. The adjustable rate mortgage rates are continuing to improve as well as the have been over the past few weeks, however, I would not normally recommend one. ARMs would be a great tool if we lived in a perfect world where we spent money within our means, but unfortunately most of us don't. Contact me at 864-918-0970.
I look forward to helping you and your clients out.
Rates for Oct. 24, 2007
15 yr fixed 5.375%
20 yr fixed 5.750%
30 yr fixed 5.750%
40 yr fixed 6.250%
3/1 ARM 5.375%
5/1 ARM 5.625%
7/1 ARM 5.750%
* Rates are subject to customer's financial profile.
* APR may vary
Comments(0)