You need the Flash plug-in in order to see this feature
Incredible Interest Rates
Posted by Leslie Eskildsen on Monday, January 5th, 2009 at 9:05pm.Last week Freddie Mac released the results of it's survey of 30-Year Fixed Rate Mortgages, down to 5.47% with a 0.7 point. This is the lowest result since they started producing the survey in 1971.
In the Orange County real estate market, even lower rates are being reported, with refinance, purchase, and even non-owner occupied loans under 5%!
No one knows where prices will bottom in this market, but two things are easy to understand - interest rates are at an all-time low, and home prices are 20-40% lower than they were 2 or 3 years ago.
Print
ShareBe the first to comment on this blog entry!
Leave a Comment
