Thursday, August 20, 2009

Mortgage Rates Drop to Three-Month Low

According to a survey conducted by Freddy Mac, 30-year-fixed-rate mortgage rates were 5.12% during the week ending August 20th. Freddie Mac's previous survey had indicated that rates were 5.29% for the prior week.

Low rates, coupled with the tax credit for first-time homebuyers are making it a great time to purchase a new home. But you must HURRY! The tax credit is only available on homes purchased before December 1st.

If you are looking for a new home in a GREAT location, come see us in Linden!

http://www.raymushomes.com/countryfaire.html