Wednesday, January 14, 2015

Mortgage Interest Rates Drop to a New 2 Year Low!!!



3.375% FHA/VA
3.75% Conventional (maybe lower for the right buyer)

This, combined with the lower FHA mortgage insurance, JUST made homes more affordable for home buyers!!

No one thought they would ever get this low again…. 

If you closed on an FHA loan (or any loan for that matter) in the last 2 ½ years, it may be worthwhile calling your local mortgage lender to see about refinancing.

For 90% of FHA borrowers who purchased in the last 2 years, you can save over $150/month on your mortgage for every $200,000 you borrowed!!!

Need a mortgage lender recommendation?  Call me today!

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