DC Real Estate News

Interest Rates - Near Record Lows

A few weeks ago I was so proud of myself for doing a Refinance on my Primary home.  I wasn't sure the rates would stay where they were (that was at 5.5%).  Now the rates are even lower!

This may be a sign of a bad Real Estate market; but only a fool should pass up these fantastic Interest Rates!  I am hearing of 4.75 to 5% for a 30 year fixed loan.  AMAZING !!!!  If this keeps up; I'll have to refinance again!

Here is a great Article from BankRate.com about the Mortgage Rates Approaching Record Lows

 

      

Call James for all your Real Estate needs and questions; servicing Virginia, Maryland and the Greater Washington DC area.

Coldwell Banker Residential Brokerage - Chevy Chase
5028 Wisconsin Ave NW  Suite 100
Washington DC 20016
202-351-5800 Main Office
Licensed in DC,MD,VA