A Legal Blog Sponsored By The Maitland Law Firm - www.Maitlandlaw.com

Tuesday, May 31, 2011

Updated News on Interest Rates

Great News! Interest Rates have hit new low for 2011

We want you to know that rates have moved to their lowest levels of the year.

30 year fixed rates are back in the low to mid 4's

5 year arms are in the high 2's and low 3's

Jumbo rates have moved to their lowest levels ever with 30 year fixed rates in the mid 4's.

If you have been thinking about refinancing or buying a new home, now is the time. Remember, we recommend that you always use a local lender. Please feel free to contact Rob Maitland for recommendations or to discuss your current financing needs.

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