30 Year Mortage Rates Down

We all still need to be watching mortage rates which affect buyers purchasing power. So here is what’s up today.

Long-term mortgage interest rates came down today, good news for everyone in the business, current homeowners and those ready to buy. The 30-year fixed-rate average sank to 5.67 percent, and the 15-year fixed rate dipped to 5.19 percent. The 30-year Treasury bond yield was down at 4.29 percent. All of these rates and bonds as of 7:15 EST.

These mortgage rate figures are reported according to Bankrate.com, and Points on these mortgages range from 0 to 3.5.

If you’re not clear about any of this, give me a ring and I’ll put you in touch with a Mortgage Lender who can explain all the details to you. Remember, I can help you with all your Real Estate needs.

Cecily Tippery