Good morning,
Europe, Europe, Europe. Last week we touched on fears about Italy and now it seems that the rest of the world is following suit with a strong Market Reaction to Italy’s current financial position. The newer fear is that France is strongly leveraged in Italian Bonds, so we may be hearing negative news from their financial markets in the coming months as well.
So, we have the country that created my beloved Gyro struggling mightily and now the country that is known for their wines and pizza?!? This isn’t sitting well with my love for both countries cuisines! Which brings me off topic to mention that if you want a truly authentic Italian Pizza, you have to go to one of the Punch pizza locations in the cities here….and this is coming from someone who literally ate a pizza every single day of my two vacations to Italy.
This negative financial news is working to keep rates very low. Is anybody else hungry after all of this?
Rates are below, have a great week!
Rates: 30 year fixed at 3.75% and the 15 year at 3.25%, FHA: 3.75%: 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.
Matt
Matt Royer
Mortgage Consultant, CMC | Homes Mortgage
NMLS# 366970
612-232-7646 c
651-770-0637 o
651-294-1001 f
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