Friday, April 15, 2011

What's the Rate?

A good week for rates.  Things settled down a bit in the markets.  The budget battle in Washington brought out some serious conversations about our country's debt problem.  This seemed to put a cap on the stock market, and also keps bonds (rates) in check.  OK with me!

Speaking of borrowing and spending:  Hard to beleive... the past 3-4 years have been really tough for most Americans, yet our government seems to think spending and borrowing will fix the economic woes of the US.  My only question:  How has that worked for individuals you know, or companies across America?  Simply a crazy situation.  Make your voice heard and be a part of the solution!

Okay... enough of a Friday speech... 

Fun Stuff:  Congrats to Brenna for pulling thru a challenging buyer.  The deal closed  yesterday.  I can promise she didn't get paid what she earned on that deal.  But she made it happen, and kept that GO Realty attitude to the end.  Also expecting a closing today with Kevin at 10 AM.  Had to sell 2 homes to get one to close, but persistence pays off! 

I like the theme here.... Go Realty/PrimeLending.  A great combination!

Rates for today:

  • 30 Yr Conventional – 4.75%

  • 30 Yr VA – 4.75%

  • 30 yr FHA – 4.75%

  • 15 Yr Conventional – 3.875%

  • 5/1 ARM – 3.5%

  • USDA (zero down) – 4.875%


Spring Break for Wake County is next week.  I will be away from the office for a couple days early in the week, but... never fear:  I'll be watching email and voice mail.  Kathryn will be in the office to help with anything that comes up.  Let us know how we can help!

-Brad  854-4457

www.bradarendt.com

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