Hitomi Farrell Real Estate Weblog

Residential & Commercial Real Estate

Get a loan now!! Information on Home Loans & the “Rent vs Buy Calculator” December 3, 2007

Mortgage rates fell sharply this week with rates on 30-year mortgages dropping to the lowest level in more than two years.

Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.10 percent. That was down from 6.20 percent last week and was the lowest rate since the week of Oct. 13. 2005, when rates stood at 6.03 percent. (By AP 11/29/07)

For more information on home loans or any other real estate related topics feel free to contact me. Also check out the Rent vs Buy Calculator to better assess weed through the fees, taxes, and monthly payments to help you make a good financial decision.