June 23rd, 2010

Posted On June 23, 2010

Filed under Uncategorized

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I can’t believe I haven’t mentioned this; interest rates are lower than they ever have been and ever will be, refinance NOW. Lock in at least a 5 year ARM, preferably 30 year fixed at 4.75%. 3.5% for a 7 year ARM is outstanding. May existing home sales were down 2.2%, it was predicted to be higher with the tax credit ending, making experts believe the excitement for the tax credit dissipated toward the end. There are some politicians trying to extend the tax credit, I’m guessing this won’t happen.

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