Interest Rates Still Hovering Around All Time Lows
Interest rates for home purchase as well as re-financing continue to hover around historic lows. Below is a average interest rate table based on a survey of several national leading lenders for the end or March 2012.
To take advantage of these great rates here in Santa Barbara, I am hearing from both lenders and clients that these rates are based on good credit scores, 20-25% down payment and loan amounts up to the conforming $625,000. Up to the older conforming amount of $417,000, rates are tending to be .25 point less.
As far as... Continue Reading >
Kevin Schmidtchen
Realtor - Sotheby's International Realty
1436 State Street
Santa Barbara, CA 93101
Phone # 805-689-6877
[email protected]
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