Archive for November 27th, 2007

INTEREST RATES DROP BELOW 6.0% FOR HATTERAS ISLAND BUYERS !!!

Tuesday, November 27th, 2007

Prospective buyers of Cape Hatteras real estate received an early Christmas present today when interest rates dropped below 6.0 percent! 
 
Interest rates on conventional 30-year fixed rate loans (those below $417,000) offered by a major lender are 5.875 percent with no points and 5.625 percent with the payment of one point (one percent of the loan [...]