| interest rates have been the same for the past 3 years or so. They did go up a percentage or 2 back towards the end of last year and the begining of this year but other than that, things are pretty much stable. As for them changing much since August - No, not really. Assuming an individual has no penalties and good credit (good = 680+) they can easily get rates in the low 6's. If you choose to buy down the rate you can even get into the 5's. 30 year fixed, 40 year amm., 5 year interest only.... doesnt really matter. Good credit = good rates. If you have any other questions, feel free to shoot me an email. Ill try to help out the best I can.
 "Losers always whine about doing their best, Winners go home and screw the prom queen" -Sean Connery "The sports car's sole purpose is to entertain the driver, and one very lucky passenger." - Unknown |