Thursday, May 1, 2008
Rates Drop!
Yesterday, the Feds dropped the Federal Funds Rate to 2.00%! This effected the Home Equity Lines of Credit (HELOC) by dropping Prime rate to 5.00%. Good news to a lot of people who currently have HELOC's or would like to get one. If you are interested in a HELOC, please contact Chris Kusch with Premier Mortagage Link at 763-862-3990 or 763-300-9510. You can also complete an application online by going to our website at www.premiermortgagelink.com or clicking on the link at the left of this page.
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2 comments:
So does this effect my 30 year fixed rate mortgage?
No, this is tied to the HELOC Mortgage's. Rates have dropped today tho. If you could give me a call, I can give you a personalized quote for you.
Chris Kusch
Premier Mortgage Link
Office: 763-862-3990
Cell: 763-300-9510
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