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Mortgage Rates Move Close To Historic Lows

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Mortgage rates have finished the week near all time historic lows… amazing. Mortgage rates have been pushed down to their current levels over the past week by growing fears about the debt issues in Europe and economic data coming out of the US that indicates the economy may not be as healthy as previously thought.

Today more global concerns came to the forefront in the from of China’s first quarter GDP showing growth of 8.1%. This figure is lower than the anticipated growth of 8.4% anticipated by market.

Earlier this week, 15 Year Fixed Mortgage rates hit all time historic record lows. The average rate for a 15 Year Fixed Mortgage fell to 3.88% yesterday according to Freddie Mac.

30 Year Fixed Mortgage Rates

Where Are Mortgage Rates Now?

Great question. Since mortgage rates can change many times per day, the best way to get an up to the minute quote is to call us directly or to fill in a fast rate quote using our form above.

We can also help answer any mortgage questions you might have. Wondering what loan options are out there? Wondering what your credit score is or want to lock in a low rate now? We can help.

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