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WASHINGTON (AP) – Nov. 7, 2008 – Mortgage rates dropped this week, providing a dose of welcome news to prospective homebuyers.
Freddie Mac, the mortgage giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.20 percent for the week ending Nov. 6. That was down sharply from 6.46 percent last week.
Thirty-year mortgage rates hit a high for the year of 6.63 percent in late July, and then dropped to a seven-month low of 5.78 percent for the week ending Sept. 18.
Rates on other types of mortgages also fell this week.
For 15-year, fixed-rate mortgages, which are popular with people who are refinancing, rates dropped to 5.88 percent this week, compared with 6.19 percent last week.
The drop in rates is good news for people thinking about buying a home. However, tight credit conditions are still making it difficult for some people to obtain financing.
The mortgage rates do not include add-on fees known as points. The nationwide fee for 30-year and 15-year mortgages averaged 0.7 point last week.
For mortgage help or just to get answer any and all questions you may have in reference to all new mortgage options or obtaining a mortgage call Edgar Mallard direct at 954 797-7287 or 800 940-7500. This service is FREE.....
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In other words, we go beyond "full service." No one can match the Weichert promise of immediate answers to your calls or web site requests. But, in the end, it's the neighborhood knowledge and personal attention from Don and Vickie that will ensure your Florida real estate problems will be resolved and your dreams realized.
Weichert has more than 18,400 sales associates in nearly 470 company-owned and franchised sales offices in key markets throughout the USA.
MORRIS PLAINS, N.J. – Aram Minnetian, President of Weichert Relocation Resources Inc., one of the world’s leading relocation and assignment management companies, announced that Weichert company has acquired Corporate Relocation Services (CRS) Corporate Relocation Services®is a premier provider of personal transferee services worldwide. C.R.S. develops client programs that provide quality support assistance to the relocating transferees and their families for both the Corporate and Government communities. C.R.S. is headquartered in Springfield, VA and maintains a government services office in Omaha, NE.
Weichert Certified Relocation Specialist;
Don and Vickie Swindle-Kline
