So you've been thinking about purchasing a home for a while now, but haven't had the courage to take that first step. Sound about right? Well here's your sign! Mortgage rates continue to fall to an all time low...AKA: it's time to buy!
According to Freddie Mac's Primary Market Mortgage Survey, fixed rate averages fell for the third week in a row. The 15-year, fixed rate mortgage is at an all time low, and the 30-year rate continues to fall to below 4%. The 30-year, fixed rate mortgage is now at 3.88% for the week ending April 12, 2012. This number is down even further from last week's rate of 3.98%, and even lower than last year's 30-year average of 4.91%!!
The 15-year, fixed rate mortgage is even more impressive, having dropped to a record low of 3.11%. Last week, the 15-year average was 3.21% and was 4.13% a year ago. Clearly, this is promising news for prospective buyers! The time is right to buy. If you or anyone you know is thinking about buying a home, please contact Northouse Realty Group today!
Call us with all of your Real Estate Needs! 616.366.5240 Have a Wonderful Day! The Northouse Team ~ Five Star Real Estate Jeff Northouse ~ Christine Lassa GR Homelink Website Email Jeff Email Christine
According to Freddie Mac's Primary Market Mortgage Survey, fixed rate averages fell for the third week in a row. The 15-year, fixed rate mortgage is at an all time low, and the 30-year rate continues to fall to below 4%. The 30-year, fixed rate mortgage is now at 3.88% for the week ending April 12, 2012. This number is down even further from last week's rate of 3.98%, and even lower than last year's 30-year average of 4.91%!!
The 15-year, fixed rate mortgage is even more impressive, having dropped to a record low of 3.11%. Last week, the 15-year average was 3.21% and was 4.13% a year ago. Clearly, this is promising news for prospective buyers! The time is right to buy. If you or anyone you know is thinking about buying a home, please contact Northouse Realty Group today!
Call us with all of your Real Estate Needs! 616.366.5240 Have a Wonderful Day! The Northouse Team ~ Five Star Real Estate Jeff Northouse ~ Christine Lassa GR Homelink Website Email Jeff Email Christine
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