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

Dated: March 3 2020

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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.

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Gary Simmens

Licensed since 18 years young, and a broker honors in NJ since his early 20`s, Gary has now, over 44 years experience, diversified in all aspects in real estate, including owning two offices and ma....

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