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Mortgage Rates At Lowest Seen In 2017
As of last week the rate for a 30 year mortgage has dropped to 3.88%! That is the lowest rate we have seen in 2017. While economists have been predicting the rates to jump to 4.5% this year, it looks less likely to happen. The 15 year mortgage fixed rate has averaged 3.17%. These reflect a recent drop in the Treasury yields although, the Treasury yields are beginning to rise again which could drive up mortgage rates.
These rates won't last forever!
Whether it's an investment property or your first home, this is a great time to take advantage of these rates and buy! Contact me today to get in touch with a lender and start your home search!
My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....