What is going on beside the 4% mortgage rate?
I am going to be purchasing a home within the month and was hoping that the 4% rate be going to be in effect. Any ideas if and when this might appear?
Answers:
The 4% rate was a proposal by some members of Congress to procure the economy stimulated. It was rejected contained by the final bill. It may reappear if the current spending does not revive the economy..
A few new home builders are offering a 4% or smaller amount 30 year home mortgage rate.
Right now you can get a 5 to 5.5% beside good credit.
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Answers:
The 4% rate was a proposal by some members of Congress to procure the economy stimulated. It was rejected contained by the final bill. It may reappear if the current spending does not revive the economy..
A few new home builders are offering a 4% or smaller amount 30 year home mortgage rate.
Right now you can get a 5 to 5.5% beside good credit.
Related Questions: