You’ve probably even heard me say “historically low rates” before.
Now, a weekly industry survey by Freddie Mac, the government-sponsored mortgage enterprise, is reporting an average 2.98% on a 30-year fixed-rate mortgage. That’s the lowest average rate in the 49-year history of their data collection and the first time their reported average rate has dropped below 3.00%. Of course, actual rates depend on many factors, from credit and income to property type and occupancy.
If you want to learn more about the rate that may be available to you for a purchase or refinance, please reach out over your preferred channel. I’ll be glad to help you take advantage of the rates of a lifetime.
Now that Highlands Residential Mortgage is providing eClosings we can save time, and energy getting a closing scheduled while also practicing social distancing. Sign over 80% of the documents prior to closing cutting the time in more than half!
I’ve been helping my clients save money on their monthly payments. Call today to see how we can help you! Click here to apply today on your mobile device!