Mortgage Rates Continue to Fall

Mortgage Rates Continue to Fall

house shaped chalkboards with "loan" on one and "$"sign on other

Freddie Mac Mortgage rates fell to their lowest level since October.”

30 year and 15 year mortgage rates as of 8/14

“Purchase application activity is improving as borrowers take advantage of the decline in rates.”

The August 14th rates could motivate some buyers into the buying frame of mind.

freddie Mac Mortgage chart

Stay in touch with your Realtor® and Loan Officer.  Homes listed at the right price are still selling quickly- don’t wait for rates and prices to rise.