Tim Houk

We saw a drop in mortgage rates this morning. Turn times for new loans are also getting much quicker then they have been. Hopefully, we will see them ease up a little bit!

Conventional 95%  30 yr. Fixed…..  4.75%

15 yr. Fixed…………………………. 4.5%

FHA  96.5%  30 yr Fixed…………….. 4.75%

15 yr. Fixed………………………….. 4.5%

Rural Development 100% 30yr fixed….5.25%

****all rates include 1 pt org. and assume 740+ credit, on a 15day lock*****

If you are interested in getting pre-approved, call or email me immediately!

Tim Houk

Keller Williams Redstick Partners

Baton Rouge Realtor

225.301.7467

Good morning everyone! I am in a meeting this morning with a bunch of realtors and NOLA lending. They announced the rates for this week. Are you ready???? Rates for conventional are as low as 4.625! FHA rates are below 5.0. This is HUGE. FHA rates have been about 5.5 for the past few months. Coupled with the first time buyer tax credit of 8000.00, this is THE time to buy. Call me today for a consultation! 225.301.7467
Www.timhouk.com