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Sunday, July 20, 2008

Current loan rates

Here is a review of last week's loan rate activity, courtesy of Troy Chambers, Loan Officer for Arboretum Mortgage:

"Not Good!
Bottom line is this … rates got beat up badly in the last three days. The week started off wonderfully …. getting the rates down into the low 6’s, but they took an awful turn on Wednesday, and have been shooting up ever since. They have settled in the high 6’s as of today.
I hoping this is simply a small blip, and that they will settle down in the next few weeks, so that
we can get a little more relief.

Let me know if you need anything, and please pass my contact info along. Feel free to call my
cell this weekend, at 425-418-5103, Troy Chambers, Loan Officer"

Click here to see a table of loan rates.

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