I've received a rate sheet today telling me what the current interest rates for real estate are for the Defiance area. I wish I knew exactly were the "National Average" comes from as our seems to always be a little above it.
Not that our rates are bad and all, but I sure wish that the quarter of a point that we typically are over wasn't there. The lender is quoting 6.375% today with 0 points for a 30 year fixed.
I was talking with another lender a couple of weeks ago and the rate dropped to 5.25% for about a half day then worked it's way back up. The current rate really isn't bad, but we've been spoiled with the lower rates that we had a couple of years ago. I sure wish the 4.25% rates were still here as, I personally, would refinance and/or buy a new home.
Anyway, if you are looking for a lender, I have several who are very good at getting people approved for their home loans. Contact me through my blog or visit my website: www.DefianceAreaHomes.com and look me up.
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