Posted on Wednesday, December 17th, 2008 at 11:01am.
This is the lowest that rates have been in years!!! And remember, each point dropped translates to saving about $100 per month on the same loan. So, that general rule of thumb might help to put this into perspective. I wanted to pass today's rate along to you, since we're not sure how long it will be this low. Between the low home prices, the large selection, and these good rates, it's a great time to buy real estate right now - especially for investors!
For more info on current rates, call Leah or Joel with Carolina One Mortgage at 843.795.7810!