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
Wednesday, April 26, 2017
Mortgage Interest Rates

What???

Average mortgage interest rates (on a 30 year fixed rate mortgage) are back below 4% again.  I truly did not think we'd see that this year -- or possibly ever.  It seemed likely we'd stay between 4% and 4.5% or even up to 5% during 2017.

Anyhow -- if you're in the market to buy, and have a contract signed on a house you are purchasing -- LOCK IN YOUR INTEREST RATE!

Of note -- if you can swing it to finance your mortgage over 15 years instead of over 30 years, you'll be even happier at 3.23%!