Wednesday, December 3, 2008

Low Mortage Rates

The following information was sent to me by the mortgage lender in our office, Collette Phillip with Colonial Bank.

Rates have dropped and now is a great time to buy or refinance. There are low rates for cash out refinances!

JUMBO MONEY…GREAT RATE! (loans over $417,000.00 up to a million+) have great financing once again!


5/1 ARM 5.625% 0+0

7/1 ARM 5.875% 0+0

Call me for details.

Remember there are LOT loans and CONSTRUCTION/ONE TIME CLOSE and REHAB loans available.

Rates are low for cash out refinances!


Conventional 30 year 5.375 0+1

5.75 0+0 Cash out refinances too!

15 year 5.00 0+1

5/1 ARM 5.375 0+1

FHA/VA 5.50 0+1

Robin Scott, Broker. Certified Residential Specialist, Accredited Buyer's Representative, Seller's Representative Specialist.

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