Interest Rates are Amazingly Low

In my last post, I mentioned what a perfect storm has occured for buyers right now. To further elaborate on that, mortgage rates are AT or JUST ABOVE 5% right now. Of course, the best rates will be subject to your credit score, your debt ratio and a number of other factors that mortgage professionals use to assess your credit worthiness. If you would like to be referred to a mortgage broker, please call or e mail us for further information.

Also, our website (http://www.macgillteam.com/) has a useful tool–a mortgage calculator which will estimate your monthly payments when you supply the interest rate, loan amount and years on the loan.
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