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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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Author
James Downing - REALTORĀ® - Washington DC Real Estate Coldwell Banker Residential Brokerage Washington, DC Office Phone: (202) 362-5800 Cell Phone: (703) 244-3971 More information... Contact James Downing - REALTORĀ® - Washington DC Real Estate |