Mortgage rates still dropping
Thursday, May 27th, 2010The only good thing coming out of the Euro crisis are fallingĀ interest rates. In the US, rates are near all time historic lows — jumbo loansĀ are sub 5.5% and 30 year conventional’s are at 4.5%. Did you know that a full 1% on a home mortgage of $400,000 saves you almost $85,680? That’s a lot of money….