Saturday, January 12, 2008

Mortgage Rates Drop Again




The average principal and interest payment on a $250,000 loan has dropped by $131.83 per month since August 3, 2007.1
And, there’s more good news:
The 30-year fixed rate mortgage averaged 5.87% with 0.4 points2
The 15-year fixed rate mortgage averaged 5.43% with 0.5 points2
The 5/1 ARM averaged 5.63% with 0.5 points2
The 1-year ARM averaged 5.37% with 0.6 points2













Go with a lender you can trust. With over 150 loan products, Coldwell Banker Mortgage will find the mortgage that meets your customers’ financial needs. Call your local Mortgage Advisor or visit http://traffic.mortgagesvcs.com/CT00066301NDYwMzMA.HTML?D=2008-01-11.

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