RATES DIP FOR 1ST TIME SINCE EARLY DECEMBER

Great news in today's Ventura County Star! Rates on 30-year mortgages fell for the first time since early December as lower-than-expected job growth eased worries in financial markets about inflation. 30-year fixed rate mortgages averaged 6.28% this week, DOWN from 6.34% last week! This was the first drop since December 7 when 30-year mortgages had fallen to 6.11%, the lowest level since early 2006.
In summary the article in the Star states that, "Analysts said the jobs report, coming after a string of stronger-than-expected economic data, eased concerns that the economy was now growing so strongly that it might prompt the Federal Reserve to start raising interest rates again.
Great rates and great mortgage programs are still available! Now is still a good time to consider getting a great rate for purchasing a home. Call or email if you wish to get pre-qualified to purchase.

Janis Calkins
California Oaks
298 S. Seaward; Ventura
or Heritage Square; 7th St; Oxnard
www.JanisCalkins.com
(805) 218-7016