Mortgage Rates Hit Record Lows
Freddie Mac, who started surveying mortgage rates in April 1971, states that thirty-year fixed rate mortgages have reached new all-time lows in six out of the last seven weeks.
According to the survey, interest rates on 30-year fixed-rate mortgages averaged 4.49 percent for the week, down from 5.22 percent a year ago.
The Mortgage Bankers Association said this week that mortgage applications to purchase homes rose last week for a third straight week as rates have dropped. Someone out there is catching on that this is a once in a lifetime deal.
This beautiful brick home for sale at 35 Palmetto Wood Court in Irmo was just dropped in price by the seller to $189,900. This marks a steep discount from what it sold for new just a couple of years ago.
35 Palmetto Wood Court Irmo SC
Terry Edwards tedwards@sc.rr.com
www.FeaturedColumbiaHomes.com 803 920 5327
Russell & Jeffcoat Realtors
Serving all the great neighborhoods in the Columbia, SC area
Mortgage Rates Hit Record Lows
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