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Today News and Interest Rates From Residential Mortgage of South Carolina

The Charleston, South Carolina area is a great place to live or have a vacation home.  The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, the dining is unbeatable, and the people are the friendliest in the country.  It is because of these reasons that I believe Charleston SC Real Estate is truly unique.  I look forward to helping you with any of your Charleston SC Real Estate needs in Charleston, Berkeley, or Dorchester counties. Today’s article is titled:

Today News and Interest Rates From Residential Mortgage of South Carolina

Remember I talked about with the turmoil in Egypt Bonds provide a safe haven….well forget that. In a world of “what have you do for me today” Stocks did very well. While some earnings report where off from their estimates, most either met or bet Wall Street. So no there is a flood of many back to Stocks. So in the infamous words of Cuba Goodings, Jr in Jerry McQuire, “Show me the money!”.

More insight:  global economic recovery and growth continues to expand, and as it does, rates will gradually move higher over time.  And don't forget the Fed's goals of QE2 – boost Stock prices, create inflation and lower the unemployment rate – these are all unfriendly to Bonds, and as the old trading saying goes…"Don't Fight the Fed".  If the Fed wants to accomplish these goals at the expense of Bonds, well – they probably will.  The opportunity in 2011 is really amazing.

Here are today’s rates and as always….call me anytime. Give a opportunity….I won’t let you down.

Loan                         Program              Interest Rate          APR

Conventional               30 yr                        4.875%               4.972%
Conventional               15 yr                        4.375%               4.472%
FHA/VA                        30 yr                        4.750%               4.847%
FHA/VA                        5/1 ARM                  3.250%               3.347%
USDA                           30 yr                       4.875%               4.972%
State Housing                                             4.375%               4.472%
JUMBO                         1 yr ARM                2.950%               3.047%

Here is Kevin Breeland's contact information:

Kevin M. Breeland
NMLS # 231989
General Manager
Residential Mortgage of South Carolina, LLC
NMLS #232630
427 Johnnie Dodds Rd.
Mount Pleasant, SC 29464
843-284-0745 ext. 203
843-284-0747 direct
843-284-0744 fax
843-709-3600 cell
breelandk@residentialmortgagesc.com
www.residentialscdailyrates.com 

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Sincerely,

"Carolina Joe" Idleman
http://www.charlestonscrealestateforsale.com