For anyone looking into getting a mortgage, or concerned about the future of their mortgage rates, there is good news. Reports have shown that: “30-yr fixed mortgage rates continue to hold at a record low 4.375% for well-qualified borrowers paying a standard .07 to 1 point origination. 15-yr fixed mortgage rates have dipped once again, setting a new record low, at 3.75%, down from 3.875.” This definitely spells good news for home owners and those looking to possibly invest in the property market.
Mortgage News