National mortgages rates have been decreasing steadily, for the for the past five weeks, making this a great time to buy a home! The 30
year fixed mortgage rate is once again below 4% which means lending and
borrowing costs at their lowest rates for more than a year.
On October 23, 2014, the 30-year fixed mortgage rates was 3.92%, reaching a new low for the year. Today the rate is at 3.99 %. Last year at this time,, the 30-year fixed rate mortgage was about 4.19%.
The 15-year fixed rate mortgage is 3.16% compared to a year ago's rate of 3.24% percent.
Compare that to the end 1980 when national mortgage rates for 30-year fixed loans averaged at a whopping 14.79%. Even as recent as the year 2000, a 30-year fixed rate mortgage was at a high of 8.52%!
What that means for you is lower monthly payments and affordable home prices.
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality.
A common question from buyers as well as sellers is, "what are my
""Mimi Osterdahl is AMAZING! She is insightful, intuitive and a great reader of people. In the over 10 years I have known her, she has helped me with market analyses for countless individuals - done with an eye for individual, impeccable detail.
She once gave me a card with a poster inside that read:
The little things? The little moments? They aren't LITTLE!
This is an excellent and accurate description of Mimi" "