Friday, October 5, 2012

Waking Up to Record Low Mortgage Rates

Just in case you haven't looked at the mortgage rates your customers can get this week, consider this your wake up call.

Current 30 year fixed mortgage rates are at 3.25%, 15 year fixed mortgage interest rates are at 2.50% and 5/1 ARM loan rates are at 2.00%. Available with 0.7 to 1% origination fee, these are the lowest mortgage rates for borrowers who have a record of good credit. Proof of employment, income and assets is required to be submitted to lenders and will be verified for up to date information.

Today is the day to contact every single one of the people that have shown even the least bit of interest in buying a new home from you and offer to help them through the process of building their new modular home. It's called marketing.

1 comment:

Matthew said...

This is the time to let social media help you build your mortgage business. With the down turn in the economy, more creative and less costly ways are required to attract the same amount of business as before. Marketing can be a very expensive endeavour, and we all know that we have to market or brand ourselves. I spend less than $50 a month to market via social media.

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