Allied Home Mortgage
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About Allied Home Mortgage
The Easy Way Home
Loan, Great Rates, Easy, Commercial, Bethlehem, Best Rates, Bank's, Banker, Loans, Lori Lewis, Lori Lewis Bethlehem, Mortgae Banker, Mortgage, PA, PA Mortgage, Pennsylvania, Rates, Safe, Secure
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Updates & tips from Allied Home Mortgage
Where are Interest Rates?
. Freddie Mac announced that for the week
ending January 20, 30-year fixed rates averaged 4.74%, up from 4.71% the
previous week. The average for 15-year fixed fell slightly to 4.05%. Adjustables
were also mixed with the average for one-year adjustables increasing slightly to
3.25% and five-year adjustables decreasing slightly to 3.69%. A year ago 30-year
fixed rates were at 4.99%. The housing construction market, however,
still remains weak.
What does this mean??? If you can lock in at a rate under 5% on a refinance or a purchase - DO IT. Don't sit around and wait until the rates drop more. With the continues strength showing in the stock market bonds will take a hit and rates will rise.
Lock it in, get it closed and move on!
What does this mean??? If you can lock in at a rate under 5% on a refinance or a purchase - DO IT. Don't sit around and wait until the rates drop more. With the continues strength showing in the stock market bonds will take a hit and rates will rise.
Lock it in, get it closed and move on!
. Freddie Mac announced that for the week ending January 20, 30-year fixed rates averaged 4.74%, up from 4.71% the previous week. The average for 15-year fixed fell slightly to 4.05%. Adjustables were also mixed with the average for one-year adjustables increasing sl... Read More
Jan 26, 2011
