Interest rates for 30 year fixed rate mortgages continue to stay historically low, hovering around 4%. If you haven't yet refinanced – now is the time. Thinking about selling or shedding investment properties? With low inventory levels this is a great time for sellers – less competition. With low interest rates buyers gain more buying power. If you shopped for a home loan 3-4 months ago, it would be wise to run those numbers with your lender again. Interest rates have dropped more since that time which could increase you can comfortably afford.
Scary Low Interest Rates
Posted on October 29, 2014 at 7:54 PM Robin Myers