Mortgage Rates at Record Low
Real Estate July 18th. 2010, 1:34amHave you heard the shocking news about mortgage rates lately? Last week the 30 year fixed mortgage interest rate average sank to a record low 4.69%, the lowest since 1971. Think about the fact that rates are now more attractive than they have been in 38 years. What does this mean for you? It means that right now we are in a buyer’s market. You don’t have to go out and buy the first place you see or take the first loan offer you get. Shop around for the best mortgage loans or jumbo loans and get yourself the great deal that you deserve!