Interest Rates Down
July 5, 2007 by Perry Corneau · Leave a Comment
This week, the prevailing interest rate on a 30 year mortgage slipped to 6.63% representing a one-month low. The rates had risen to 6.74% last month. Rates have moved lower for each of the past three weeks as fears of inflation have subsided. Rates on 15 year, fixed mortgages fell to 6.3% and 5 year adjustable loans fell to 6.29%.
Real Estate Broker and owner of Corneau & Associates International Realty.
I have lived in Sarasota for most of my life and have been a real estate broker in Sarasota since 1988. I am blessed to have the love of my wife Opal and our two daughters, Katie and Victoria. I can be reached on my direct line at 941-650-4626.