Calling all buyers and people on the fence about there mortgages

We have just received an announcement and are seeing our lenders making a late day price change on interest rates, due to the amount of Mortgage Backed Securities purchase by the Government, here is an update on rates:

 

Loan Program                            Interest Rate                 APR                       Points

 

30 Year Fixed                           4.375%                           4.520%                 1.000

30 Year Fixed                          4.500%                           4.624%                 0.750

30 Year Fixed                           4.750%                           4.810%                  0.000

15 Year Fixed                           4.250%                           4.503%                 1.000

15 Year Fixed                           4.375%                           4.409%                 0.375

15 Year Fixed                           4.500%                           4.604%                 0.000         

 

 

*The above is based on a 740 credit score, rate and term refinance, showing 20% of equity in the home with a loan amount of $200,000.

 

Call or email me so we can begin the refinance process and save you money on your current mortgage.  I look forward to hearing from you.