Mortgage Rates Remain Historically Low

Mortgage Rates Remain Historically Low

The latest report from Freddie Mac shows that the 30-year fixed-rate mortgage averaged 3.61% last week, slightly down from the week before (3.66%), and nearly 20 points lower than a year ago (3.80%). Freddie Mac expressed their optimism for the rates to remain low throughout the spring in a recent blog post: 


“We expect mortgage interest rates to stay well under 4% as we head into the heart of the spring homebuying season. We're predicting it to be the best one in 10 years, which should provide even greater opportunities for first-time homebuyers.” 


Below is a chart of the weekly average rates in 2016, according to Freddie Mac.simplifyingthemarket.comRead More Here...


Graphic Courtesy Freddie Mac


Lance Whipple PA Headshot
Author:
Phone: 407-494-6030
Dated: May 10th 2016
Views: 695
About Lance: Lance is a Retired Air Force Officer and skip-generation real estate agent -- his grandparents ran a...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

The 1 Reason It Is Difficult To Find Your Dream Home - The #1 Reason It Is Difficult to
Four Tips For Selling Your Central Florida Home In A Hurry - Four Tips for Selling Your Central
A REAL STEAL BALMORAL RESORT TOWNHOME IN THE DISNEY AREA FLORIDA -   Resort Style Living
Choosing Your First Home - Can I Afford the House I want?One

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Realty Champions
7830 Lake Wilson Road
Davenport, FL
863-292-6217
321-445-5568