Today’s Interest Rates

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The stock market maybe highly volatile these days and gold prices higher than ever but one thing has been coming down to unprecedented lows.  Have you looked at mortgage interest rates today?  Below is a screen shot from Wells Fargo; it’s hard to believe interest rates are even lower.  Earlier in the year the experts predicted rates will be heading up and even though I agree that some point they must increase buyers currently have the opportunity to secure historically low rates.

Any buyers that are sitting on the fence waiting to jump in the market, this is the time.  The bulls are running the stock market just as the buyers have control of the housing market.  This is not a time to sit on the sidelines but rather an opportunity to purchase a home at 2002 prices with interest rates hovering close to 4.25%.

Category : Blog

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