Here's great news from one of our Team Lenders, Jeff Forman at AlliedJeff Forman jforman@Alliedhomenet.com
Fed ready to lower rates again - FHA 30 Purchase 5.375% 30 year fixed
The Federal Government is getting ready to meet again on March 18th and will in fact lower "Prime" interest rates once again. This may be a very aggressive reduction in rates and hopefully will bring 30 year fixed rates down substantially.
Please feel free to contact me directly with any questions you may have or if you need a free anaysis of your current mortgage/financial situation.
Interest rates for an FHA purchase closed yesterday at 5.375% for a 30 year fixed.
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