In recent days, we have seen a significant decrease in rates, creating new opportunities for buyers adn investors!
Here’s the latest update:
30-Year Fixed-Rate Mortgage:
- Interest Rate: 7.750%
- Decrease: 0.125 percentage points lower than Friday
15-Year Fixed-Rate Mortgage:
- Interest Rate: 7.250%
- Decrease: 0.250 percentage points lower than Friday
These rate reductions present an excellent opportunity for you to make your homeownership dreams a reality or refinance your existing mortgage. With lower rates, you can enjoy more affordable monthly payments and potentially save thousands over the life of your loan. If you’re interested in exploring these favorable rates and how they can benefit you, please don’t hesitate to reach out to us.