Home ownership may be easier for those who thought it was out of reach. Freddie Mac announced the average rate on a 30-year fixed mortgage fell to 3.4 percent and the rate on a 15-year mortgage fell to 2.73 precent, both the lowest since long-term mortgages began in the 1950s.
These all-time low rates create an extraordinary opportunity for all consumers. If you're looking to purchase a home, you can now do so for less. Even if you're not in the market to buy, these low rates are still beneficial. Selling your home could get easier as buyer activity increases and current homeowners can refinance to lower their mortgage costs and free up money for other purposes.
To take advantage of these new low rates give me a call. Your neighborhood Realtor®
Find out what's happening in Mediafor free with the latest updates from Patch.
Kristy O'Connor
Weichert, Realtors - Media
606 E. Baltimore Pike, Media, PA 19063
c: 267.243.6434
KristyLOConnor@gmail.com
