Funkhouser Real Estate Group
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Wednesday, December 9, 2015
Mortgage Interest Rates

Who would have thunk it?  Seriously!?! 

When interest rates started rising from 3.65% in April up to 4.04% in June, it seemed that maybe, just maybe, interest rates were headed back up for good. 

But no -- rates then generally declined, again, between June and November.

As shown above, for nearly all of 2015, interest rates have been between 3.75% and 4%.  These rates are the average rate on a 30 year fixed rate mortgage.

Opportunities to finance your home purchase with a historically low (fixed!) mortgage interest rate continue -- perhaps on into 2016!