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The California Association of Realtors (CAR) recently reported average
interest rates for 30-year fixed-rate mortgages over the past few
decades. Low interest rates are now at historical levels. In fact,
interest rates are at an all-time historic low as opposed to the
interest rates in October 1981 had the highest interest rates of
18.45%. Current interest rate from Chase and Opes Advisors are now
being quoted as low as 3.47%. If you had any doubts that now is a
good time to buy, it is clear that the cost of money is very
inexpensive.
For more information, please contact one of our in-house
lenders or a real estate professional like Melody Hultgren at
415.601.6915 or melody@climbsf.com.
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