Sunday, November 11, 2007

Interest Rates Become Interesting…

I’ve been spending much of my time talking to Buyers about why I consider this a good time to purchase real estate, and now I’ve got another arrow in my quiver: low interest rates. Don’t let the media scare you, there is plenty of money to be lent to qualified Buyers, and the rates are wonderful.
In fact, interest rates are currently sitting at five-month lows! On a conforming loan, you will be charged 6% for a 30-year fixed loan with no points! Jumbo loans have options starting at 6.25%. These are exceptional rates which will allow you to get more value for you money.
If you would like more information about mortgages and property financing, go to my website at