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Mortgage Rates at Record Lows

Mortgage rates fall to record low again, what are you waiting for--the time to buy is now.

Rates on 30-year mortgage rates fell to 4.96% down from the previous record of 5.01% set last week. It was the 11th straight weekly drop, and way below the rate of 5.69% at the same time last week. Rates are at their lowest since Freddie Mac started its survey in April 1971

With lowering home prices and record low interest rates it is a "perfect storm" for home buyers.

I would love to work for you. Please contact me.

Julie Ohs
Coldwell Banker Burnet
jaohs@cbburnet.com
612-414-3204

Posted Friday Jan 16