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Interest Rates hitting 5.375% in Des Moines ~ Time to Re-Fi?

Mortgage rates falling to near historic lows for Des Moines lenders.
by Brian Wentz, Realtor

Cetntral Iowa Lending, our in house mortgage lender here at Burnett Realty, announced on Friday that rates were at an amazing low rate of 5.375% with around 1% origination fees.

Over the past 20 months, rates have been as high as 6.5% for a 30 year fixed rate mortgage.

Below is a chart of recent mortgage rates. As you can see, it is a great time to buy a new home, or refinance a home loan in Iowa!

If you have an interest rate above 6%, you may want to look at the benefits of refinancing to take advantage of today's great rates.

For a free review of your current mortgage, contact Bryan Byrnes at 515-334-4982 or Mick Hayes at 515-334-4981, or visit Central Iowa Lending.

Brian Wentz & Beth Ernst
Burnett Realty
515-334-4994
www.BrianWentzRealtor.com

New Construction and homes for sale in Des Moines, Iowa including Urbandale, Clive, Beaverdale, West Des Moines, Johnston, Ankeny and Waukee

Posted by Des Moines Iowa Real Estate- Brian Wentz REALTOR® on 01/13/2008 12:24 AM

Comments (1)

new construction, mortgage rates, homes for sale des moines, central iowa lending

This post has been included in Iowa Information Dallas County, IA Information

1 Comments on Interest Rates hitting 5.375% in Des Moines ~ Time to Re-Fi?

JAN

2008

Gosh with rates coming down now, even since you posted this, things are sure looking up for folks, so, what you are saying here is even more so. Meaning this would be the time to make a move. Lance

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