Sunday, April 22, 2018
APPLY NOW PURCHASE REFINANCE CONSOLIDATE DEBT HOME EQUITY LOAN
 
Are you worried your overdue payments might lower your credit?
Consolidate your debt today and worry no more!
 

Rates Continue To Reach Record Lows

Mortgage News > Rates Continue To Reach Record Lows
Date: 07/13/2012    Rates Continue To Reach Record Lows

Freddie Mac reports the continual drop in rates for both 30 yr-fixed mortgages as well as 15 yr-fixed mortgages.

Rates ended at 3.56% for a 30 yr-fixed loan and 2.86% for a 15 yr-fixed loan.  Both percentages, according to USA Today, represent the lowest rates “since long-term mortgages began in the 1950s.”

With rates remaining at record low levels for the last 3 months, the housing market is showing slow signs of recovery.  Reports have shown an increase in home sales in the month of May, home values are slowly rising, and home builders are increasing the number of projects started.
 

back