Friday, May 21, 2010

Tax Credit Ended but the Good Deals Didn't!

Tax Credit Ended but the Good Deals Didn't!

If you missed out on the Homebuyers Tax Credit… all is not lost! The lower interest rates that are available now may make up for it! Information released from Freddie Mac for the week ending May 20, shows the 30 year fixed-rate mortgage averaged 4.84 % with a .7 discount point. This is down from the previous week's average of 4.93%. This is the lowest that the interest rate has been in 2010. Fifteen year mortgages are at 4.24 with .7 points.

If you are looking to buy or sell home in the Tulsa area, this is a great time to do it! Visit my website at www.tulsasrealestate.com.

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