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Lowest Lake Mary Mortgage Refinance and Purchase Rates in over 2 years!? If you move quick…

Posted by Chris Brown on December 17, 2008

The Federal Reserve lowered the Fed Funds Rate to near 1.000 percent December 16 2008Well Good News for Lake Mary mortgage rates! The Federal Open Market Committee [maybe we will just call them the FED] voted to cut the Fed Funds Rate by at least three-quarters percent Tuesday.
The benchmark rate now rests in a range of 0.000-0.250%… and no, that doesn’t mean your mortgage will be at 0%. [Typically you will add 3% to that number to attain the PRIME Rate – which is what many Home Equity Lines, car loans, credit cards, and equipment loan are based upon.] In its press release, the FED ID’d 3 key sectors…

Want to read more, please click here: Lowest Lake Mary Mortgage Refinance and Purchase Rates in over 2 years!? If you move quick…

Source Parsing the Fed Statement

Chris Brown
All Around Good Guy
Trinity Mortgage
153 Parliament Loop#1001Lake Mary, Florida, 32746
Work: 407 377 0500 x 210
Chris@OrlMtgPro.com
Visit OrlandoMortgagePro.com and watch the cool video!

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