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The Rates are dropping the Rates are dropping!

Better to have Falling Mortgage Interest Rates than the sky - that's for sure!

I was just speaking with one of MY Preferred Lenders at Country Wide and she told me rates on many products have dropped again this morning.

Currently she was quoting 5.75% on a 30-Yr Fixed with No Points! 

For those of you on the fence about if you should re-fi before your ARM adjusts - now may be the time!

Monday the rate was 6%.  This rate drop would save you about $50 a month or $18,000 over the course of a 30-Year loan.

Thinking of doing a Re-Fi?  Think Harder Today!

 

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Call James for all your Real Estate needs and questions; servicing Washington DC, Maryland and Virginia.

 
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James Downing - REALTORĀ® - Washington DC Real Estate
Coldwell Banker Residential Brokerage
Washington, DC

Office Phone: (202) 362-5800
Cell Phone: (703) 244-3971

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Contact James Downing - REALTORĀ® - Washington DC Real Estate

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