Mortgage interest rates trending down


I had to go take a look for myself because of the news about mortgage interest rates going down, heck they were 7% now they are all the way down to 6.87%!  They are indeed going down but only a little so far this year. Rates are sure to stay high this year as inflation has gone up instead of down.  Renting may be a more attractive option than owning at this point.

It is a different story for cash buyers. Now is a good time to buy for cash buyers as houses are on the market longer.

Mortgage interest rates
Mortgage interest rates over the last 12 months

 

 

We will be happy to hear your thoughts

Leave a reply

Som2ny Network
Logo
Compare items
  • Total (0)
Compare
0