Now is the time to buy in Silicon Beach! Mortgage Rates Slide Back to the Lowest Levels of 2019
May 27, 2019
We heard the good news for new home buyers! Mortgage rates rose throughout April, but they are moving consistently in the opposite direction -- all the way back down to the lowest levels of 2019. With the Federal Reserve signaling it's not likely to raise interest rates for the foreseeable future, mortgage rates could remain cheap for a while.
The average rate on 30-year fixed-rate mortgages has inched down to 4.06%, from 4.07% last week, says Freddie Mac, the giant mortgage company. READ MORE HERE