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Mortgage Rates at Record Lows

By
Real Estate Agent with Coldwell Banker Burnet

Mortgage rates fall to record low again, what are you waiting for--the time to buy is now.

Rates on 30-year mortgage rates fell to 4.96% down from the previous record of 5.01% set last week.  It was the 11th straight weekly drop, and way below the rate of 5.69% at the same time last week. Rates are at their lowest since Freddie Mac started its survey in April 1971

With lowering home prices and record low interest rates it is a "perfect storm" for home buyers.

I would love to work for you.  Please contact me.

Julie Ohs
Coldwell Banker Burnet
jaohs@cbburnet.com
612-414-3204

Comments (2)

Trey Affolter
Keller Williams Realty - Tacoma, WA
Brings HOME Results!

- interest rates sure makes it more appealing for home buyers & owners considering refinancing and should motivate them. In the article Time to Get Off the Fence and Into a Home, the same message comes in an article from NYTimes.com offered by Your Money. Another source with this message was from Smart Money, Time to refinance -- or buy a home? Good information to pass on to our buyers.

Best wishes for 2009!

Trey Affolter

http://www.treysellshouses.com

Jan 16, 2009 05:45 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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Dec 01, 2017 07:25 PM