Good Afternoon,
I feel like this is getting a bit repetitive, Greece again is dominating the financial news in the mortgage world and you’ll see that rates remain extremely low. Before we go further into the Greece scenario, let’s see how this plays out over the coming weeks.
Instead, I’m in the mood to get some feedback out of curiosity with the big market hype we saw this week with Facebook.
1. Do you use Facebook? I do for keeping in touch with friends and family and occasionally educating people on the market.
2. Is Facebook a passing fad? I’m torn on this one, 900 million users is a larger base than any prior social site but at the same time the continuing question is how to monetize it without negatively affecting the experience. If it became annoying to use or over advertised, I can’t say I’d keep using it. I’m unsure how many people would. Thoughts?
Have a great week!
Matt
Rates: 30 year fixed at 3.625% (APR 3.763) and the 15 year at 2.99% (APR 3.234), FHA: 3.625% (APR 4.527): As always rates change with individual credit scenarios and programs, APRs are estimated based off of a $250,000 purchase price with 20% down and a 740 credit score, if you want an exact quote, call. These are not quotes, merely a baseline measure to gauge how rates change from week to week.
Matt
Matt Royer
Mortgage Consultant, CMC | Homes Mortgage
NMLS# 366970
612-232-7646 c
651-770-0637 o
651-294-1001 f
www.MattRoyer.com
mroyer@homesmortgage.net
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