The average rate for a 30-year fixed mortgage fell to 3.94 percent while a 15-year averaged a record-low 3.26 percent during the week of Oct. 6, according to Freddie Mac.
Tag: Interest Rates
Mortgage Rate Sinks to 4.32 Percent
Daily Real Estate News | October 1, 2010 Average interest on 30-year fixed mortgages fell this week to 4.32 percent, matching the lowest level on record. Interest on 15-year loans, meanwhile, declined to 3.75 percent, setting an all-time low. Investors have been flocking to the safety of Treasury bonds since the spring, which has driven down their… Continue reading Mortgage Rate Sinks to 4.32 Percent
Two important reasons why NOW could be the time to buy
After attending a great workshop this week, I wanted to share some thoughts by Realtor.com speaker Joe Sesso. Not sure that this is the right time to buy? Are you waiting around to see if the value of your own house will increase before making a move? There are two important reasons why waiting may… Continue reading Two important reasons why NOW could be the time to buy