The market has been in a word “interesting” the last few years. Lots of different factors contributing to the whole story. One of the side stories is a direct function of the market itself, mortgage interest rates. Unbelievably low. Historically low. When we look back in a few years, we’ll long for these good ‘ol days again. The affordability of homes now may not ever be repeated. There are multiple indicators and sources which all are predicting a housing upturn. The federal government tightened credit in a way to curtail risky lending practices, but went overboard, excluding some credit worthy individuals who deserved to receive loans. If you read the message coming from Washington lately, that may be changing. A more rational approach. We’ll never go back to the days of loose lending practices thankfully. Just give us a more even and fair approach. The result will improve the market even more. If a move or a refinance is something you’d like to accomplish in the near future, take advantage of these rates before they are just a memory.
Take a look at today’s rates… updated daily. Current Mortgage Rates
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