Jan 06 2009
Florida mortgage fixed rates fall below 5%
If you have been thinking about refinancing into a lower fixed rate mortgage; now is the time to lock. Interest rates are available, at least at BeechTree Mortgage, at 4.875% with no discount points and no origination fees. The 2 areas of concern when Florida homeowners contact our office is the current appraised value – yikes; and the clients credit score.
It does make sense to inquire about your own credit scores while seeking to refinance at today’s record breaking fixed mortgage rates. For those with credit scores above 740; you need not worry. Remember Fannie Mae and Freddie Mac introduced risk based pricing which can affect the interest rate or costs if your credit scores are less than 740.
It pays to talk to an experienced Florida Mortgage Professional who can provide detailed information and an upfront Good Faith Estimate; before you move forward. As always our office is open to accept questions or to simply put in writing what we can deliver. And today, 30 year Florida mortgage fixed rates are available at 4.875%. Call our Cocoa Beach office soon at 888.399.0520. And if the phone is busy leave a message on my cell 407.733.6425; I want to help as many Florida homeowners and home buyers as possible.
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