Home Loans
Fixed US mortgages rates rose last week for the first time in a 4 week period – According to Bloomberg.com
Last week’s mortgage rate was the lowest since records began in 1971. House prices in many parts of the country have dropped to resonable prices as well – perfect time to apply for a loan - or to refinace if you loan is higher than the 4% range.
That means – with a $120,000 loan could result in a $480 loan – and with the stimulus package resulting in up to $660 back a month as well.
A loan Modification also can bring down your mortgage to levels you can afford. Click here for more info!