Bank of the Ozarks is seeing lower rates this morning! FHA loans (above $100K) are down to 4.5% on a 30 year and a 5/1 ARM is down to 3.25%. Buyers! If you want to save money on your next home, a lower interest rate means a lower monthly payment, but you need to lock the rate in. Rates can jump up at any time, and change day to day.
thx,
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