Updated News on Interest RatesMonday, May 30, 2011
Great News! Interest Rates have hit new low for 2011
We want you to know that rates have moved to their lowest levels of the year.
30 year fixed rates are back in the low to mid 4’s
5 year arms are in the high 2’s and low 3’s
Jumbo rates have moved to their lowest levels ever with 30 year fixed rates in the mid 4’s.
If you have been thinking about refinancing or buying a new home, now is the time. Remember, we recommend that you always use a local lender. Please feel free to contact Rob Maitland for recommendations or to discuss