SGI Realty One Real Estate Blog

May 18th, 2011 2:11 PM

 

After various reports of economic data were recently released it is proof that the economy is recovering at a slower pace than anticipated.  This in turn produced the lowest mortgage rates so far in 2011.  Here is a quick breakdown of all rates to date:

30 year fixed rate: Hit a new low of 4.375% this week

15 year fixed rate: Held a steady 7.75% (same as last week)

FHA 30 year fixed rate:  At 4.25% (still lower than conforming 30 yr fixed)

Look at those rates!  Now is the time to take advantage of these historical rates!

 

Til' Next Time,

 

Tim D.

 

>>Complete details on the Cash Back Rebate Program. If you have any questions please do not hesitate to Contact us<<

Posted by SGI Realty One on May 18th, 2011 2:11 PMPost a Comment (0)
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