My Blog

Interest Rates are Below 4.00%

November 22nd, 2010 9:07 AM by Mike Frangadakis

Today's Interest Rates are down to 3.875% with an APR of 4.074% for a 30
Year Fixed Rate loan up to $417,000. If you want a 5/1 ARM with the rate
fixed for five years, the rates are at 2.625% with an APR of 2.724%. This is
absolutely incredible that the rates have dropped to this level. If you have
not refinanced in the past year, or have interest rates of more than 4.875%,
you should look into refinancing NOW.

Posted in:General

Posted by Mike Frangadakis on November 22nd, 2010 9:07 AM