Market Recap:
According to Housingwire.com "Mortgage rates unexpectedly tumbled for the first nine months of 2019
as a slowing economy sent investors flocking to bonds. The monthly
average rate for a 30-year fixed mortgage dropped to 3.61% in September
before rising eight basis points in October, according to Freddie Mac data.Even at 3.69%, the October rate is more than a percentage point lower than a year earlier."
These mortgage rates still make it a good time to purchase. At the current rate of 3.69% a $100,000 loan has payment (interest and principle only) of $459/mo.*
To read the full article, please click HERE.
*These rates are dependent upon a buyers ability to qualify, credit scores and debt. See your lender for more information. These rates are for single family owner occupied dwellings.
These mortgage rates still make it a good time to purchase. At the current rate of 3.69% a $100,000 loan has payment (interest and principle only) of $459/mo.*
To read the full article, please click HERE.
*These rates are dependent upon a buyers ability to qualify, credit scores and debt. See your lender for more information. These rates are for single family owner occupied dwellings.
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