Despite all of the recent well reported real estate related woes, I have great news for everybody.  RATES ARE DOWN!  And truth be told, rates are actually way down.  Rates are currently better than anything we have seen in the last 3 years, and by the time you read this, they could be at an all time low for the last 10+ years!

The reason they are so good today is really difficult to pinpoint.  There are really dozens of reasons, but my market advisors are saying that these low rates are influenced from the speculation that the Fed will continue to lower prime (which is a good guess).

Here are my rates on February 4^th.  These rates assume that you qualify.  Qualifying has never been easier; the streamline process has reduced the documentation and time to refinance.

30 year fixed      5.375%

15 year fixed      4.875%

5 year ARM        5.175%

5 year ARM        4.75%

Please give me a call (or email) to explore if this is a good time to refinance.  Aside from the many that will refinance during this rate spike, this is a fantastic time to purchase investment property.

Thank you!

Nick Porter

www.LawEnforcement1st.com

Community First Financial, LLC

7575 E Redfield Rd, Suite 235

Scottsdale, AZ  85260

480-305-8900  Ext: 308

541-231-3040  Cell

480-718-8802  Fax