Sunday, March 7, 2010

Mortgage Rates Continue to day low

Mortgage rates remain below 5.00% this past week for the 30 year fixed rates.  This is for mortgages up to $417,000 and for consumers with credit scores over 740.  If this doesn’t work for you and your credit scores are below this amount, you should look at the FHA mortgages.  FHA does not punish clients like that of Fannie Mae and Freddie Mac.  Today’s FHA rate is at 4.875% with 0 points and your credit score can be as low as 620.  The FHA mortgage has become the standard in lending and has become a very easy mortgage to work with.  Have questions???  Email me anytime at bill@billnickerson.com.

Bill Nickerson

179 Great Road, Acton MA 01720

978.264.4803 (o)   978.273.3227 (c)

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Providing Mortgages Since 1991

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Posted via email from Bill's Mortgage News

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