| Thursday, March 19, 2009 Mortgage Rate Update - March 19, 2009by Lyn Hart on Thu, Mar, 19, 2009 01:10 PM All Good News for Buyers!
The market is heating up again for spring! All eyes are on first time home buyers who are actively looking at purchasing their dream home. Low interest rates and more affordable pricing seems to be sparking renewed interest. If you are not looking at purchasing a new home at this time, consider the benefits of refinancing at today’s great low rates.
If you are in a variable mortgage, stay in it!
Bank Prime Rate 2.50%
|
Term |
Best |
Bank Posted |
|
1 year |
3.50% |
5.00% |
|
3 year |
3.89% |
5.55% |
|
5 year |
4.09% |
5.79% |
|
10 year |
5.25% |
7.35% |
|
25 year |
9.15% |
9.75% |
Bold numbers denote change from last posted rates.
Variable mortgage from Prime + .80%...TODAY at 3.30%!
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Call Laura today and tell her Lyn sent you!
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