Mortgage Rates At Nearly Rock Bottom…Won’t Stay that way Forever
February 17, 2011
The national average on a 30 year fixed rate mortgage droppped to nearly 4.36
percent in August 2010—lower than it’s been in the past half century! Interest rates for the same time frame in 2009 average 5.19 percent, representing a difference of $90 in the monthly payments on the average $200,000 home with 10 percent down, as well as a savings of $32,460 over the life of the loan. For more reasons why now is prime time to buy a home, contact us and we’ll send you a free e-book.
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