Positive News On Real Estate » Builders Take the Rates Even Lower http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Builders Take the Rates Even Lower http://www.positiveonrealestate.com/pr/177 http://www.positiveonrealestate.com/pr/177#comments Tue, 31 Mar 2009 15:33:51 +0000 admin http://www.positiveonrealestate.com/?p=177 Some  home builders are offering lower mortgage interest interest rates than the prevailing rate. While the averaxe fixed rate is somewhere just below 5%. These new home builders have “lowered” the bar even more.

  • Lennar Corp. is offering a fixed 3.625% rate over the life of a 30-year fixed rate mortgage.
  • Honanian  recent offer is 3.99%
  • Toll Brothers offered a 3.99% interest rate in many of its luxury developments earlier this year. But has since pulled the offer.

From WSJ

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