Saturday, January 7, 2012

30 Year Fixed Mortgage Rate Hits An All-Time Low

In the news this week, 30-year fixed mortgages dipped to a current rate of 3.73 percent on Zillow Mortgage Marketplace.




Zillow's Camille Salama reports that this drop "represents the lowest rate reported since Zillow Mortgage Marketplace launched in 2008."


If you are a home owner or looking to be a home owner and you want to go BOLD, take a look at the 15-year fixed mortgage rate - it reached a low of 3.07 this week.

What this means to first time home buyer's is that they can now get more house for the money.



For an up-to-the-minute rate, click here Zillow's Mortgage Marketplace
 
For further information on the home buying process or selling process, contact Todd Adams at 503-332-5227 or visit Home Search

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