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