Tuesday, December 16, 2008

Interest Rates Dropping

With Interest Rates dropping for mortgages, its great news for Homebuyers. Mortgage rates have substantially fallen over the past two weeks. 30-year fixed rates, for short-term lock and larger conforming loan amounts, are being quoted as low as 5.000% with 0 points. FHA rates are being quoted at 5.50%. 15-year conforming money is about 4.875%. Ready to buy a home? Contact Buyers Broker of Florida at http://www.orlando-buyersagent.com/.