Wednesday, December 17, 2008
Not Since 1954
Not since 1954 have we seen mortgage rates this low. Prime is now at 0%. What does this mean for us. If you were even just thinking about purchasing a home, this is a once in a life time opportunity. Mortgage rates are currently at 5.5% and the word is will soon be as low as 4.5%. At 4.5% you can borrow $200,000 for $1,014.00 P& I per month. Add that to the year end specials we are currently offering and this truely is a great time to buy.
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