Archive For May 2, 2016

Mortgage Rate Outlook is Sunny For Spring and Summer Borrowers

Mortgage Rate Outlook is Sunny For Spring and Summer Borrowers

Good news for home shoppers! If you’re looking to buy a home this spring or summer, you’ll still enjoy historically low mortgage rates.  The average 30-year fixed rate mortgage currently stands at 3.63%, which is down from last week’s average of 3.67%. To put these low rates into perspective, consider the historical trends.  In fact,…

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