Great Low Interest Rates In Town

Have you heard about or do you know about FHA streamline refinances? No appraisal-no income-and no assets. If you are interested in a FHA loan, most of these at 3.750% 30 year fixed with NO COSTS to the buyer…not rolled into the loan.

Numbers As Of December 2011

30 year FHA: 3.750%

30 year fixed Conv: 3.750%

5/1 ARM: 2.750%

7/1 ARM: 3.125%

NEW GOVT programs for folks upside down on their homes…this was passed and extended (DU refi plus and Freddie Relief) however….most banks aren’t implementing the changes until mid 1st quarter 2012. As we get more info we will pass it along. If you would like more information, feel free to visit our Finance Page.

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