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Interest Rates have Dropped in Tucson!

Posted By Donna Anderson On January 4, 2008 @ 5:06 pm In Foothills Luxury Homes | No Comments

Great news–interest rates on conforming loans (those at 417K or less) for 30 year fixed loans at Long Mortgage are at 5.875%. Jumbo loans (those at 417K or more) are at 6.625% for 30 year fixed loans. What a great time to buy! Interest rates are rarely this low and there is good inventory of homes for all those who want to find their place in the sun!

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