Check out the Weekend Mortgage Rates provided by
Covenant Mortgage Corporation:
Conforming Loans: Loan amounts $417,000 & under
30 Year Fixed - 5.75%
15 Year Fixed - 5.375%
5/1 Arm - 5.25%
Jumbo Loans: Loan amounts over $417,000
30 Year Fixed - 7.25%
5/1 ARM - 6.625%
3/1 ARM - 6.375%
Reports are saying that The Federal Reserve Board has likely made the final rate cut for 2008. It most probably will concern itself with inflationary worries from here on out. So, if you have been waiting for the mortgage rates to reach rock bottom, chances are they are resting there now. It's a great time to buy a home, especially in the Alpharetta and Cumming areas. These areas are still growing and doing well. If you would like help with your next real estate transaction, please contact our team at
Vanderhoff Real Estate today. We can be your bridge to success!