Fixed Rates Hit Historic Lows!
Posted September 05, 2010
Thinking about buying a new home? Or, considering refinancing your current home? Now may be the best time in the last 30 years to look at a fixed interest rate. While 30 year fixed rates are very close to historic lows, rates have never looked better for 10, 15, and 20 year fixed rate loans for Illinois home loans.
15 year fixed interest rates of 4.250%/4.372% APR* that were available as of May 21st, 2010 are the lowest 15 year fixed rates that Freddie Mac has reported in their Primary Mortgage Market Survey since they began collecting data in 1991. 10 year fixed interest rates hit 3.875%/4.021% APR* on May 21st, 2010 and in our opinion have never been lower.
When will you pay off your mortgage? One of these short term fixed rate loans will help you achieve that goal in a much shorter period of time.
For an estimated rate and payment quote, please
contact our office at (708) 531-8388 or
get a mortgage quote now!
We focus on providing home loans in
Chicago,
Naperville, Aurora,
Elmhurst,
Hinsdale, Westmont, Western Springs,
LaGrange, Orland Park, Oak Park,
Schaumburg,
Barrington, Winnetka, Plainfield and everywhere in between.
Get pre-approved today, buy your new home tomorrow!
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