Mortgage Rates for 11/19/07

According to Realty Times, 11/19/2007, the currnet rates for a 30 year fixed mortgage is 6.24%.  Rice Capital Mortgage is currently offering rates in the neighborhood of 5.875% with no discount points.  Rates on luxury homes, priced about $500,000, are usually in the 6.5% range currently.  These rates are usually only available to Joy Rice’s clients.

Ray Rice

Broker/Owner

Rice Capital Mortgage

Joy Rice Realty Group and Rice Capital Mortgage serve the Dallas, Flower Mound, Southlake, Grapevine, and Keller, Texas luxury home communities.

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