interest rate low real estate michael blount century 21 the woodlands texas tx: MORTGAGE RATES AT TWO YEAR LOW
- 01/10/08 02:39 AM
Mortgage rates are down lower than they have been in two years (October 2005). Just one year ago, 30-year mortgages ran an average of 6.14 percent; while rates on 15-year mortgages ran 5.87 percent a year ago.“The majority of programs out there are now offering rates in the 5’s now” - Ruth Fauss, Genesis Mortgage. Now is a great time to jump in and take advantage of not only the low interest rates, but also the large selection of inventory on the housing market. Its a win-win for any home buyer or investor. www.MichaelBRealty.com (4 comments)