Mortgage rates have fallen measurably in advance of the Fed’s highly anticipated lowering of the Federal Funds Rate. I believe September will see the beginning of a series of small Federal movements to the downside, dropping mortgage rates even further. We’ve got 30 year fixed rates in the 5.75% to 6.75% range depending upon points, loan amount, down payment, credit scores and other variables. If you’ve been waiting, give me a call.

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