The Wall Street Journal is reporting that the national average mortgage rate for a 30 year fixed loan is sitting at 4.78%. That ties the record low!
4.78% is LOW
There is always speculation on where mortgage rates are headed. Right now, they are being held low by the governments federal funds rate. However, they will always bounce around regardless of the feds intervention.
My buddy Dan Green at theMortgageReports.com post about the rates over the next 30 days. The next 30 days is expected to start rising slightly but the rates will still be bouncing around these record lows.
Bottom Line: If you are a potential home buyer – You have more buying power! Call me and let’s find you an incredible deal or a perfect waterfront home! Read about my Home Buyer Services.
Jacksonville Waterfront Real Estate – Jacksonville RE/MAX Agent
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