I saw a couple of posts on Facebook today saying that interest rates for a fixed 30 year FHA mortgage hit 2.785%. This is so unbelievable that I didn't believe it until I made a few phone calls to confirm it.
For months, I've been bragging about my 3.25% mortgage and I needed to do a 10 year mortgage to get this rate. Today's deal blows that out of the water.
So my friends, if you're on the fence about buying, now is a great time. If you're on the fence about selling, these low, low rates will make it a great time to sell. And if you're on the fence about staying put, consider refinancing.
I'm taking new clients now, so don't hesitate to call. 756-7457 is my office number.
Mary Shelsby
ReMax Realty Group
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