Monday, January 5, 2009

4.25% on 15 year fixed!!

Today an FHA 15 year fixed got as low as 4.25%. That is the lowest that Wasatch Mortgage has ever seen in it's 10 years of existence. The other nice thing about a 15 year fixed FHA loan is that if the borrower has 10% equity they will not pay any monthly mortgage insurance.

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