Thursday, August 18, 2011

Real Estate News: ‘Market Turmoil Leads to Even Lower Mortgage Rates’

A very poor start for the stock market this morning, dropping 400 points already has caused mortgage rates to hit the 50 year low!  A 30-year fixed loan has dropped from 4.32% to 4.15%, while the average 15-year rate fell from 3.5% to 3.36%.

Now is an excellent time to re-finance if you have been thinking about it.  It would be hard to believe that rates could fall any lower.  If you have been thinking about refinancing, feel free to leave a comment or contact me…

*For the entire article read here



Matt Ullrich
303.941.2452.cell
303.415.2251.office
RE/MAX of Boulder, Realtor

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