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Michigan Mortgage Rates

It looks as though the ARM is going to be taking over again now that everyone has been getting the urge to get back into a fixed rate.

This is amazing how mortgage rates work. Not that long ago fixed mortgage rates were the way to go, but as of late it has moved to the other end of the stick.

With todays market being so, in simple terms, dead the government needs to keep lowering rates to start helping the housing market get back to normal. This would take banks loosening up the strap a little as well, because banks are the ones that have to approve the loan.

As for todays mortgage rates the 30 year fix is about 6%, and the ARM is at an untouchable 5.5%. If you need to Refinance, or purchase then fill out the form and I will get things rolling.

For additional information visit Howell Michigan Mortgages and Real Estate.

Howell Real Estate Blog

Posted by Rick Marnon Howell Real Estate Agent on 03/03/2008 05:25 PM

Comments (2)

howell real estate, mortgage rates, fixed rates, arm rates, michigan mortgage rates

2 Comments on Michigan Mortgage Rates

MAR

2008

Since when are you doing Mortgages..... Wow, you are a jack of all trades, without a face.... I don't know.... if I want to work with someone who is too afraid of showing his face. Lu

I did mortgages before I got into real estate. The funny thing is the majority of people that need financing never meet their mortgage guy face to face. If you would like me to put something together I would be happy to do so, but at the closing table I would still wear my helmet. HAHAHAHA!!! I'm kidding. Let's get a deal put together.

Howell Real Estate

Howell Mortgage Rates

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