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Rural Development Loans Hit 3.75%!!
21 December 11 10:09 AM | Greg McCoy | 0 Comments   
If you are not familiar with Rural Development (RD) Loans, they are one of the best loan alternatives available in the housing market right now. With the RD loan rates now at 3.75%, it is even better! Here are some of the highlights: - No Maximum Purchase Read More...
3 money lessons from US credit downgrade
18 August 11 09:27 AM | Greg McCoy | 0 Comments   
By Tara-Nicholle Nelson Inman News™ Share This Americans waited with bated breath on our congressional leadership to resolve the debt ceiling crisis. At the 11th hour, a deal was struck to cut spending and raise the nation's debt ceiling, avoiding Read More...
Interest Rates Moving Back Down
23 June 11 09:29 AM | Greg McCoy | 0 Comments   
Mortgage rates continue to be at historic lows......they fluctuate on a daily basis, but this morning I have seen at least one local bank offering 4.375% for a 30 year fixed rate mortgage......Wow!! Read More...
Interest Rates Moving Back Down (a Little)
17 May 11 09:19 AM | Greg McCoy | 0 Comments   
After a period of several months in which interest rates having been moving somewhat, they now seem to be in a bit if a downward move. Rates for a 30 year fixed mortgage had topped 5% for awhile, but are now back down to around 4.5%. With the large inventory Read More...
Interest Rates Below 5%!!
17 December 08 10:57 AM | Greg McCoy | 5 Comments   
Today (12/17/08) I saw an email from one of the banks that I work with, and for the first time in years, the 30 year fixed rate is below 5%!! They are quoting 4.875%. Of course, everyone's situation is different, so you may not get that rate, but Read More...

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