Yesterday, the average 30 year fixed rate fell to just 3.73%, while the 15-year fixed-rate average dropped to 3.16!
This is the seventh week out of the last nine where rates have fallen.
Just a year ago, the 30 year average was 4.55% and the 15 year average was 4.04%. Those were still historically very low rates, emphasizing what an incredible opportunity you currently have to move to a better home or to get on the home ownership ladder.
Remember that there are no guarantees that rates will go even lower. Seizing the moment right now will ensure you can lock in an ultra low rate for the life of your home loan.
And, if you're thinking of selling, this is an equally great opportunity to capitalize on fantastic current buyer sentiment.
Call us today on (435) 327-2090 to discuss your best current options. We can also put you in touch with the area's top mortgage professionals.
