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Huge News In Mortgage Interest Rates Today - Sharp Drop Early AM

By
Real Estate Technology with Content, coding, marketing, host.
Effective 11:15 AM EST February 28
MUCH IMPROVED
Mortgage Interest Rates for Georgia February 28, 2008 AM

 

You can always check daily rates here and they always are with no discount points and show the APR. 

 

Live on Justin.TVNEW DAILY SCHEDULE

HTTP://JUSTIN.TV/REIBROKER

Topics include the real estate market in general, interest rates, short sales, declining markets, buyer trends and much more!

Hopefully I'll see each of you there and I want to get around to each of you as a guest speaker as soon as we get the bugs ironed out. 

 (You'll have to follow one more link from that site for now. Hope to have that cured very soon!)

 

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Copyright©2008 Ken Cook.  Georgia and Florida real estate investment loans, FHASecure and FHA Home Loans, nationwide commercial hard money and small business loans, non-recourse loans for real estate investors

 

Based on a $240,000 loan with 20% down or 20% equity on rate and term refinance. Middle credit score of 680 or higher on a Georgia primary residence single family detached home. Borrower must meet standard conforming (FNMA/FHLMC) loan guidelines. This is not a commitment to lend and rates are subject to change without notice. NOTE THERE ARE NO DISCOUNT POINTS ON THESE LOANS. 15 day lock, fully documented income and assets. Total settlement costs less than 3%. Does not include pre-paid items such as appraisal, taxes, insurance or government related fees. * PMI of 35% is required (ask about the Flex97/3 with only 18% MI) † Loan amount of $1,000,000

 

Novation Mortgage, 2501 E Piedmont Road, Suite 201, Marietta, GA 30062
Georgia Residential Mortgage Licensee 20014. Florida Mortgage Broker Business  MBB 0703760
FHA Lender - Equal Housing Lender

 

 

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I started writing on Active Rain in 2006 when I was representing the mortgage industry. I am no longer in that industry and many of the older posts contain outdated information. Please do not contact me for LENDING or MORTGAGE questions but rather contact a licensed mortgage professional from your area. I have always been in marketing and branding and that is still what I do. Thanks for reading!

Comments(3)

Stephen Graham
Inactive - Atlanta, GA

Ken: Your rates look pretty good. I'm working with a new home buyer who might have interest, particularly in the 7/1 ARM.

Respectfully,

Feb 28, 2008 03:34 AM
Ken Cook
Content, coding, marketing, host. - Marietta, GA
Content Marketer/Creator
Stephen - of course I would absolutely love to work with you and your buyer. We're very happy with what we can offer this morning. There is one thing I can guarantee: these rates will change!
Feb 28, 2008 03:37 AM
Stephen Graham
Inactive - Atlanta, GA
Ken - That is indeed guaranteed! These rates are bouncing around with no clear direction. I guess that is why it is called a "market" : ) Just a month ago, I though we were headed for the 4% range.
Feb 28, 2008 03:42 AM