NOW IS THE TIME TO BUY!!!
The interest rate on 30 year mortgages fell below 6% on Thursday. It has been nearly four months since we saw loan rates this low. Many credit analysts feel that this decrease in rates can be attributed to the Fed's take over of Fannie Mae and Freddy Mac.
If you have been on the fence, waiting for prices to fall even further, now is the time to buy. A reduction in interest rate will affect the overall payment more so than a price reduction. To see how much the rate change affects your payment.
For a personalized loan payment review, please give us a call today at 209.887.2172
Saturday, September 13, 2008
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