Friday, February 23, 2007

Refinancing mortgage

Mortgage rates over the past couple of years have been quite inviting -- hovering between 5 and 6.5 percent. Rates have slowly moved up, but remain a bargain. If you haven't considered a refi, the time is now. You could reduce your monthly overhead, get rid of PMI or even use a cash-out to remodel your home or ditch high interest debts.

Midwest Mortgage can provide you with the right program to lower your monthly payment.

Please contact us for more information.

Midwest Mortgage

Thursday, February 15, 2007

Low Mortgage Rates

Great interest rates are still out there and your money goes further today than it ever has with the current price of housing. It's a great time to use the two together to be able to move into the home of your dreams and still stick to your budget.

Contact Midwest Mortgage to discuss all of your options.

Midwest Mortgage

Mortgage Rates Lower For First Time In 2007

Mortgage rates ratcheted down last week according to the results of Freddie Mac's Primary Mortgage Market Survey. Rates have generally been on an upward trajectory since the mid December.

The 30-year fixed-rate mortgage (FRM) averaged 6.28 percent last week compared to 6.34 percent a week earlier while the 15-year FRM was 6.02 percent, four basis points lower than the week ended February 1. Fees and points for both FRMs were unusually low at 0.3 compared to 0.4 the week before. This time last year the average contract rate for the 30-year FRM was 6.24 percent and the 15-year was 5.83 percent.

To take advantage of these low rates please contact us at Midwest Mortgage.

Midwest Mortgage