Interest Rates have dropped again today... I wonder how much longer this is going to go on... Low interest rates certainly offer an incentive for buyers who are purchasing their first home or moving up/downsizing.
July 8, 2009 TODAY'S RATES
Conventional 30 Year Fixed 5.125%
Conventional 15 Year Fixed 4.625%
5/1 Libor ARM 4.875%
FHA 30 Year Fixed 5.375%
FHA HUD 184 30 Year Fixed 5.375%
VA 30 Year Fixed 5.375%
Alaska Housing Finance Corporation (AHFC)
1st Time Homebuyer Tax-Exempt 5.125%
1st Time Homebuyer Taxable 5.625%
Taxable 5.75%
Veteran's Mortgage (VMP) 5.25%
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*Interest Rates Subject to Change
Interest Rates from: HomestateMTG.com
