Mortgage Rates Drop Again!
Wednesday, July 11, 2012 at 7:10PM
Joe Wilson

Mortgage rates have dropped again to all-time lows. This is a great opportunity for Buyers because not only are home prices down county-wide from their 2008 highs, but your mortgage payment is much more affordable at these incredibly low rates. How low are they? If you have good credit and live or work in the Silicon Valley, one of my "preferred lenders" will give you a loan up to $625,500 at today's rates:

30 Yr Fixed: 3.625%, 0 Pts

15 Yr Fixed: 2.875%, 0 Pts

Jumbo loans exceeding $625,500 are available for just 0.375 % more. Think your lender can beat these rates? I doubt it. If you own a home already, this is a great opportunity to refi, even if you've already refi's before. Want to know where to get these great rates? Email or call me and I'll be happy to let you know.

Article originally appeared on Silicon Valley Real Estate (http://www.josephwilson.com/).
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