arizona mortgages decline: Mortgage Rates Drop Below 4%! 16 Month Low June 2019
- 06/06/19 03:12 AM
Everyone needs Good News now and then, don't you think? Well, for Home Buyers, as we move into June 2019, mortgage rates, already closer to historic lows than historic highs, have dropped again to a 16 month low! Mortgage rates nosed below 4%! Also, the Federal Reserve has been sending out hints that there will be no more interest rate hikes in 2019.
If a Buyer has been thinking of make a move to buy a home this is welcome news. Locking in a lower rate for 30 years increases buying power.
30 Year Fixed-Rate Mortgaes down to 3.99%
Andrea Riquer of Realtor.comm, Marketwatch reported on May 30, 2019 … (2 comments)
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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
Everyone needs Good News now and then, don't you think? Well, for Home Buyers, as we move into June 2019, mortgage rates, already closer to historic lows than historic highs, have dropped again to a 16 month low! Mortgage rates nosed below 4%! Also, the Federal Reserve has been sending out hints that there will be no more interest rate hikes in 2019.
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