Friday, November 30, 2007

Holy Cow! Interest rates go below 6%!!

AAAaaaaahhhh! Such sweet news it is that the interest rate on a 30 year fixed mortgage is at 5.875% today with Bunet Home Loans! Sound the bells, jump up and down and call your friends that are thinking of buying or should be thinking about buying a home. This is an awesome rate - it has been quite a while since 30 year fixed rates were under 6%.

Fixed Conventional
30 Year - 5.875%
20 Year - 5.75%
15 Year - 5.5%

Arms
Don't even think of it t fixed rates are cheaper than arms now!

FHA/VA
FHA - 6%
VA - 5.5%

(Word on the streeet is that we may be able to do FHA loans for 5.5% - sweet!)

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