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Steve Landreth, Realtor Helping Hands

SOUTHERN ILLINOIS REAL ESTATE NEWS!
ECONOMY PICKING UP SPEED -So ARE INTEREST RATES!
With the economy pickinig up speed, interest rates have risen about 1 point since this past October.  If you are thinking of buying, there are many good values to be had at this time.  Financing at a savings of 1 point on $150,000 loan is $1500/year x the years you have the property.  Interest of course is figured on unpaid balance, but as you can see can be significant.  Approx. $125/mth on each point so don't hesitate! Pick out a deal now!
Posted: Monday, February 07, 2011 11:06 AM by Steve Landreth

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