Mortgage interest rates hit new 18 month lows in October and have remained near those rates into November. Stocks have seen large swings up and down this Fall, but through it all mortgage interest rates have remained near record lows. It seems likely that rates will remain low for the next few weeks but there is no telling where rates will go in 2015. If you have been considering a refinance, contact us in the sidebar today to get an estimate on the savings. There is still time to refinance to a better, government-backed mortgage before the end of the year. If you are looking into purchasing a home, fill in the contact form on this page.
Comments Off on Interest Rates are historically low Posted by G.R.A. Admin on Saturday, November 15th, 2014