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Mortgage Rates

February 18, 2009

This week long-term mortgage interest rates have dropped.  The average interest rate for a 30 year fixed rate home loan fell to 5.16 percent.  That is down from the average of 5.25 percent last week.  Interest rates charged on 15 year loans have also seen declines from 4.92 percent to 4.81 percent.  Current rates are down and prices are as well.  Now may be the best time to find a great deal on a bank-owned property.  Give me a call at 941-650-4626.  I can help you find a great deal on on year dream home or condo on the water in Sarasota.

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