As we go into what is sure to be a busy weekend in the housing market I thought I would let you know about my 2 latest rates. Since you receive my weekly newsletter you are aware that interest rates have been dropping. In keeping with this I received notice this morning from one of my lenders that I have 2 great new low rates to offer my clients.
5 Year Fixed - 3.69%
This rate is not available for pre-approvals and the rate holds for 30 days
5 Year Fixed - 3.79%
Available for 120 day rate hold
5 Year Variable - 1.95% (prime less .30%)
We are seeing the discounts to prime slowly start to increase
These great low rates are perfect for clients who are possibly looking to afford a slightly more expensive house or are sitting on the fence about buying. Rates are at an all time low and these rates will not be around forever.
Please call me with any questions
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