Friday Mortgage Brief - May 27th 2011
The Friday Brief
Current Interest Rates
417K and below with 0 points 30yr fixed 4.500 FHA/VA 4.250 15yr
Fixed 3.750 5yr ARM 3.125 FHA 3.250
417-729k with 0 points 30yr fixed 4.625 FHA/VA 4.250 15yr
Fixed 3.750 5yr ARM 3.250 FHA 3.250
Memorial Day
Memorial Day, which falls on the last Monday of May, honors the men and women who died while serving in the American military. Originally known as Decoration Day, it originated in the years following the Civil War and became an official federal holiday in 1971. Many Americans observe Memorial Day by visiting cemeteries or memorials, holding family gatherings and participating in parades. Unofficially, at least, it marks the beginning of summer. In 2011, Memorial Day is observed on Monday, May 30.
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From Bruce
Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival and the success of liberty. -John F. Kennedy
Have a great holiday weekend!
Bruce
Bruce Rosenberger
Chairman's Team
SunTrust Mortgage, Inc
Cell 703.850.1349
Buying or Selling a Home in Northern Virginia? Contact Kim Darwaza of RE/MAX Allegiance at 703-856-2254 or kim@kimdarwaza.com for all of your real estate needs. Search the MLS at http://www.kimdarwaza.com.