Good morning,
Again, we’re seeing fear in Europe over Greece’s finances and now Italy’s. Somehow I don’t think organizing a nationwide vacation over to either place is going to change their financial situation enough to really help. Although those are the two places I would love to spend the majority of my time if I had the choice. Financial turmoil in Europe will continue to keep money invested in safer investments like our bond market, and mortgage backed securities benefit from that, keeping rates low.
So, how was Halloween? Our little girl had an ear infection, which is almost a given after a week or two of teething. That being said, she’s happy as a clam when she’s awake so we helped walk her over to the neighbors to get her first trick or treating experience in. I’m pretty sure mom and dad loved it more than she did but I’m sure that’ll change by next year when she realizes just how good candy is…
Rates are below, have a great week!
Rates: 30 year fixed at 3.75% and the 15 year at 3.375%, FHA: 3.75%: 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.
Matt
Matt Royer
Mortgage Consultant, CMC | Homes Mortgage
NMLS# 366970
612-232-7646 c
651-770-0637 o
651-294-1001 f
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