The mortgage industry surprises us everyday it seems! Nothing is a constant anymore... everything seems to be shifting from high to low, and low to high. Mortgage rates have dropped significantly though, from last year at this time. Below is an article high lighting the latest news in the mortgage industry... take a look a the average charts at the bottom of the article. It is showing the Southwest United States average mortgage rate at 5.74% for a 15 year fixed. That is the lowest mortgage rate out of the other parts of the United States! If you can afford to purchase a home right now, it really is a great time to do so. As always, let us know what your thoughts are.
http://www.riskcenter.com/story.php?id=17104
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment