Good Morning!
I hope everyone had a good holiday, our first Thanksgiving with our four month old went off without a hitch. We hosted as we have the past few years and let everyone bring the food to us as long as we provide the turkey. So far so good.
Rates rebounded for the better late last week into yesterday but have lost all of those gains this morning. A lot of this comes from overseas economic news with China and the European Central Bank echoing optimism for the global economy. Even though we are seeing interest rates rise, they are still below 5%, a far cry from what was considered a great interest rate even just 5 years ago.
So, I don’t know about you but I’m not planning on complaining about these rates anytime soon.
Thanks
Matt
Rates: 30 year fixed at 4.625% and the 15 year at 3.875%, FHA: 4.625%: As always rates change with individual credit scenarios and programs, with credit in the mid 700s and a 20% down payment these rates are what you should be seeing
Comments(1)