Thursday, December 18, 2008

Local Lender Says Rates In The 4's

I wanted to shoot you a quick e-mail to let you know that rates have dropped down to record levels today. Today for a Conventional loan my 30 year fixed is 4.75% with a 1% origination fee and 5% with no origination fee for a 45 day closing. FHA and VA rates are almost as low, and are posting 5% with a 1% origination fee or 5.5% with no origination fee. With rates this low, and home values where they are, there has never been a better time to buy a home.

Visit Michael Lancsek real estate website

Shane Cook
Senior Mortgage Specialist
Office (800) 256-7887
Cell (252) 207-2665
Fax (866) 669-5871