Rates have dropped

Now is the time to refinance or buy a house.

With the world markets in jitters, investors are placing their money in secure bonds.

Sound real estate is still a safe bet!

Call me 698-5675

Open House on Sunda May 23

Did I mention that the property at 3933 E. 191st Street has 5 acres, three of which are tillable. They produce about 600-800 bails per year. Sold at $6.00 to $8.00 per bail is not a bad yield.

A nice house with rich history.
Come see it.

Rates dropped today!

Another mortgage friend told me this:

FHA 30 year fixed: 4.75%
30-Year Conventional: 4.875%

15-Year: 4.125%

Subject to loan amounts and FICOs

Did I mention that now is a great time to buy?

More on the Market

A mortgage frined from Wells Fargo says this:

"Although we are losing money in our investments/retirement accounts,this is causing interest rates to go down!"

If you can afford a mortgage, now is the time to buy!

Market Jitters....

As of noon today, the stock market is down over two hundred points, or as I like to say,
'I'ts got the 'Hay Chihuahua Effect'--its got the jitters really bad!
bh

Current Rates

Currently, fixed-rate mortgages are available at 4.75% which is .5% lower than when the stimulus ended on April 30th.

Source: DeWitt Group

Open House on Sunda May 23

Nice Older Home
5 Acres 3 Bedrooms (downstairs master) 2 Full Baths
Horse Barn, 3 tillable acres
Easy access to SR 31 and SR 32
The owners want to retire and are very motivated!