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.
Author:Jeff and Kathy Cremer Phone: 573-353-2980 Dated: March 19th 2017 Views: 396 About Jeff and Kathy: ...
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 always made himself available to us for questions and concerns. We were on the phone with him late evenings and weekends. Jeff has been very helpful by suggesting resources and people who could help with repair or just maintenance issues we had. He was good about staying in close contact with other agents through our process, and was aware of what was happening in the background. We very much appreciate all he did for us!