Mortgage Rates Hit Low for Fourth Week Running
Thirty-year mortgage rates hit record level lows for a fourth week running, dipping beneath the lowest marks in 28 years.
Average rates on 30-year fixed mortgages dropped to a record 5.01% this week, down from last week's record of 5.1%.
The average rate on a 15-year fixed is currently 4.62%, which is the lowest rate recorded since summer 2003.
Although these rates do not include add-on fees known as points, it's undeniably an attractive time in mortgage history to make a move if you have the means. To take advantage of these rates today, call Timo at 707 769 4272.
Average rates on 30-year fixed mortgages dropped to a record 5.01% this week, down from last week's record of 5.1%.
The average rate on a 15-year fixed is currently 4.62%, which is the lowest rate recorded since summer 2003.
Although these rates do not include add-on fees known as points, it's undeniably an attractive time in mortgage history to make a move if you have the means. To take advantage of these rates today, call Timo at 707 769 4272.
