Tuesday, December 29, 2009

Rates Up

As we indicated earlier rates rose. Keep in mind the rise is slight. Mortgage rates are still at unheard of lows. If you are still waiting for the below 5% 30 year fixed rate that opportunity is gone. However, below 5% is available on shorter terms or even on a 30 year fixed with an origination point.

A 5/1 ARM or 7/1 ARM are still attractive. Call to see what is best for you. 414-224-4732.

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