Twin Cities Mortgage Rates Fall

On Friday my loan officers were quoting rates on 30yr fixed mortgages in the 5.5% – 6% range again… which is down more than .5% from just a couple weeks ago.  On a $200,000 house, that means a monthly payment that is more than $80 less than it was just 2 weeks before.  Or in other terms, it would be like taking $13,000 off the price of a $200,000 home.

There are no comments yet. Be the first and leave a response!

Leave a Reply


Wanting to leave an <em>phasis on your comment?

Powered by WP Hashcash

Trackback URL http://www.twincitiesrealestateblog.com/2008/twin-cities-mortgage-rates-fall/trackback/
Get Adobe Flash playerPlugin by wpburn.com wordpress themes