Jacksonville Real Estate Bargains made better

Mortgage rates fall yet again making Jacksonville real estate into even better bargains

For the 10th time in 11 weeks mortgage rates have hit a new record low. As a safe haven, investors continue to turn to Treasury bonds. The shift in money is cutting yields, and typically mortgage rates tend to follow. 

According to Freddie Mac reports, 30-year fixed loans averaged 4.32 percent, down from 4.36 percent a week ago. 15-year fixed rates fell to a new low of 3.83 percent, down from 3.86 percent.

Mike Jones

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