With the volatility and uncertainty in the financial markets this past week, it has gone widely unreported that mortgage interest rates have been incredibly favorable!

According to Bankrate.com, the average rate of a 30 year fixed in the US dropped from 4.94% to 4.87% nationally. This is still a GREAT time to buy or refinance your home.

Rates are extremely depending on your credit score, down payment amount (or percentage of equity) your income, and type of property, so be sure to speak to a mortgage professional about the best rates available to you.

We highly recommend Michael Campanaro of Wells Fargo www.MichaelCampanaro.com for all your home financing needs.