Monday, June 15, 2009

Minnesota Mortgage Rates Dip

Minnesota mortgage rates have seen a nice dip today which is good because as of last Wednesday, the 30 year fixed rate mortgage in Minnesota hit 6% for a brief period. Today, Monday June 15th, you can find a 30 year fixed Minnesota mortgage rate at around 5.375% conventional (apr 5.893%) , or 5.375% FHA (apr 5.936%). Again, these are very good rates and they may go up or they may go down so if you can afford the home you want at these rates, you may want to contact a Minnesota mortgage broker and lock your rate.

For more information contact Dominic DesMarais at 612-247-8322.

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