Wow! Interest rates are at the lowest in 3 months. Could there be a better time to buy - ever??
Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.12 percent with an average 0.7 point for the week ending August 20, 2009, down from last week when it averaged 5.29 percent. Last year at this time, the 30-year FRM averaged 6.47 percent.
Even if you have to beg, borrow or steal (well maybe not steal) the FHA's 3.5% down payment, you should be out there trying to find your first home (if you don't own one that is)
If you're ready to look in San Diego, give me a call. I am very familiar with the inventory throughout the county and will help you find what you want!
Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.12 percent with an average 0.7 point for the week ending August 20, 2009, down from last week when it averaged 5.29 percent. Last year at this time, the 30-year FRM averaged 6.47 percent.
Even if you have to beg, borrow or steal (well maybe not steal) the FHA's 3.5% down payment, you should be out there trying to find your first home (if you don't own one that is)
If you're ready to look in San Diego, give me a call. I am very familiar with the inventory throughout the county and will help you find what you want!
posted by Alan Schmitt | 9:14 AM
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