Thursday, August 24, 2006

30 Year Mortgage Rates Drop Again

Vermont 30-year fixed mortgage rates drop for 5th consecutive week.

BankRate.com is reporting a drop in mortgage rates for the 5th consecutive week. Rates are now the lowest they have been since the end of March. The gap is narrowing between the fixed-rate and adjustable-rate mortgages, making refinancing a sensible option for many homeowners.

If you are thinking of buying a Vermont home and would like to learn more about interest rates and how they effect your buying power, contact me or visit my website. I'm here to help!

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