Monday, August 8, 2011

RATES TODAY

Rates are at the best that they have been today. I mean you are looking at 4.125% on a 30 yr and even a 4.0% with the right loan scenario. 15 yr is 3.25%. Rural Housing is 4.125% on a 30 yr and FHA is at 4% on a 30 yr. This is the second day in a row the the dow has tanked. The S & P downgrade and trouble in Europe has help the bond market. The market is very volatile right now and any kind of reports can make it go one way or the other. But for rates and buying homes it is great. Thanks and let me know if I can help.


Russ TrumanTruman Mortgage, Inc.
Phone 435-787-9400
Fax # 435-787-4900
russ@trumanmortgage.com

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