Mortgage Rates Hit All Time Low!!!

Average rates for 30-year and 15-year fixed mortgages fell to record lows for a third straight week. According to Freddie Mac, the average rate on 30-year loans dipped to 3.79% decreasing 3.83% compared to last week. These are lowest mortgage rates since long term mortgage loans began in the 1950s.

The decline has made home buying and ownership more affordable spurring home sales and refinance applications. Speak with a local mortgage professional to get an understanding of what rate you qualify for.