Interest Rates Update

In 2017, the Federal Reserve increased rates 3 times.  In 2018, the Federal Reserve is expected to raise rates 2-3 more times.  Since the New Year, rates have been steadily increasing.  In the past week alone, rates have increased by .125%.  Rates are still very low compared to recent history but rates are on the rise.  It is a great time to buy and secure today’s still low rates.

New American Funding offers a 1% down program and you do not have to be a first time home buyer.  Minimum fico score is a 640.  Call for more details.

Scott Ingram
Loan Consultant
NMLS #655295

Toll Free: (800)450-2010 Ext.5505
Direct: 909.212.0362
Cell: 909.908.0059
Fax: 949.271.0470
Email: scott.ingram@nafinc.com

800 N. Haven, Suite 100
Ontario, CA 91764

Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act.  NMLS ID#6606.  New American Funding.  New American and New American Funding are registered trademarks of Broker Solutions INC. dba New American Funding.  All Rights Reserved.  Corporate Office located at 14511 Myford Road, Suite 100, Tustin CA 92780.  Phone (800) 450-2010. (04/2016)