The Ramsey Group - Latest Mortgage Rates

March 25, 2009 · Print This Article

Charlotte, North Carolina Real Estate Market

The real estate market in north Charlotte is starting to pick up speed! At the same time the mortgage rates for 15yr and 30yr loans are low and stable. So home buyers would be prudent to look at the Charlotte, NC real estate market as a great investment that they can get at a great rate. First-time home buyers can add the federal housing incentives to the great market and great mortgage rates. All in all, it’s the best time to buy real estate in Charlotte, North Carolina!

Home Mortgage Rates

We are commonly asked what the home mortgage rates are. The answer to this is a little confusing because you have to look at the costs to get a specific rate. For instance, a low mortgage rate may cost you money upfront. They call the upfront cost “points.” So you may get a great mortgage rate on a 30 year loan but it may cost you a “point” to get it. While, another lender may have a slightly higher rate but it may cost much less to get it. So, you have to look at the whole picture to make the best decision for you. To help you compare home mortgage rates the Charlotte Observer puts out a list of rates from many different lenders. To get this list of the latest Mortgage Rates from top companies click here!

Written by Mark Ramsey