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June 18th, 2008 12:03 PM

 With the economy and the dollar slumping, the price of energy, Father's Day holiday and Graduations going on we have seen a slight slow down in financing activity. Housing prices have stabilized however interest rates have risen a little bit. We have seen two to three reprices everyday. Interest rates for a 30 year fixed rate mortgage are coming in at about 6.25%. This is for a full documentation, 80 LTV loan.

 Check our website, www.empirehomemortgageinc.com , for answers to your financing questions. You can even fill out a no cost application.

 If you are considering buying a property in New York, Florida, Virginia or Connecticut contact us first to evaluate your credit and let you know what interest rate we can get for you and what your monthly payment will be.

 We answer our phones seven days a week! We consider you a customer for life!


Posted by Robert Amato on June 18th, 2008 12:03 PMPost a Comment (0)

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