Money moving out of stocks and into bonds and fears about the quality of credit being issued offset each other. This left mortgage interest rates virtually unchanged for the week. The 30 year fixed rate is currently around 6% with a target price of 6.75%-7% by the end of 2008.
Today’s home financing requires a mortgage professional able to secure a loan program, terms, and an interest rate that best suit your overall financial strategy and your current financial needs. Your mortgage professional should also account for the current, short-term, and long-term future economic outlook.
The David M. Damare’ Team is committed to securing your financial lifestyle using the latest market monitoring tools and mortgage lending strategies.
Rates available anytime upon request at 919.851.0999.
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