Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Friday, August 19, 2011
Low, low interest rates

The downgrade of the United States' credit rating sure helped mortgage interest rates!  Wow!  The average rate on a 30 year fixed rate mortgage is now 4.15%.

This is certainly a great time to lock in a rate and buy a house.  You will likely be locking in your housing costs to the lowest possible point they could be for the near-term future given both low interest rates and low median home values.