Federal Reserve Shocks Many Today! Great Interest Rates for Buyers of Homes! by Gary Simmens

Dated: 03/03/2020

Views: 7

The fed lowered rates a half a point a head of the scheduled time frame today!

Bottom line for buyers of homes today--lets say you have a credit FICO score of:

740 credit score  your rates today are:


30 year:   amorization  3.125% fixed rate with zero points!

15 year:   amorization is 2.75% fixed rate!

REFI will increase even more now!

Spring selling season will be good for buyers and sellers.

Latest Blog Posts

Fed Funds Rate Remains at 0-0.25% By Gary Simmens KW

 Fed Funds Rate Remains at 0-0.25% Fabuous time to invest in real estateor refinance your existing property. With Covid 19 hitting us hard in 2020 manyhomeowners realize that their existing

Read More

Low interest rate update--from Gary Simmens

RATES DOWN EVEN LOWER!08/27/20(most recent)AverageRatePoints& FeesMargin 30-Year Fixed Rate2.91%0.8N/A 15-Year Fixed Rate2.47%0.7N/A 5/1-Year ARM2.91%0.22.7508/20/20(previous week

Read More

Check out these all time low interest rates!

Weekly Mortgage Market ReportAugust 13, 2020FABULOUS LOW INTEREST RATES! Call Gary Simmens KW Direct at 609-338-1339 to get your home soon08/13/20(most recent)AverageRatePoints& FeesMargin

Read More

We are breaking records at our KW---Despite Covid 19 Setbacks!

We are breaking records in our hard working KW office with 153 settlements done and closed for July 2020,---Despite Covid 19 setbacks, our Atlantic Shore Office usually sees a drop off in July

Read More