Friday, May 21, 2010

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!