Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.
This has caused some purchasers to lament the fact they may no longer be able to get a rate below 4%. However, we must realize that current rates are still at historic lows.
Here is a chart showing the average mortgage interest rate over the last several decades.
Though you may have missed getting the lowest mortgage rate ever offered, you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than your parents did twenty years ago, and a better rate than your grandparents did forty years ago.
Welcome to the Key Choice Realty Team! We work harder than anyone to ensure your plan to buy or sell real estate in the Jefferson City area is carried out smoothly and with expert precision. We especially enjoy bringing new people to beautiful, historic Jefferson City, Missouri and to the vibrant communities surrounding us. We believe the home buying and selling process should be fun, and that owning a home will be a blessing to you and your family. We're on the cutting edge of new technology that's revolutionizing the real estate business. We offer our state-of-the-art website, interactive home search tools, social media marketing, and your own mobile app! Please take advantage of our chat support team while you are here, or call us at 573-634-4249 day or evening to get your home buying and selling processes underway, today!!
Every homeowner wants to make sure they get the best price when sellin
"Jeff is great. He truly listened to what we wanted in a house and helped us find the perfect home. Jeff made sure we knew everything about the house (good and bad) upfront so there were no surprises. He has a wealth of knowledge and connections and made great referrals for services we needed. Best home buying experience ever! "