Just when you thought they couldn't go lower . . .
According to Forthebestrate.com, a mortgage interest rate research firm, interest rates today (9/13/11) dropped to the lowest point ever as reported by Rismedia, a leading real estate information systems company. For a 30 year fixed mortgage, this means a rate of 3.875% (APR 4.04%). For the full article, please go to
http://rismedia.com/2011-09-12/mortgage-rates-again-fall-to-record-lows/
I hope it goes without saying that if you were ever thinking about buying a home . . . . please see your preferred lender. Call me if you would like a couple of recommendations.