Great time to buy a home with low interestJust two weeks ago, we posted an article discussing where mortgage interest rates may be heading over the next twelve months. We quoted projections from Fannie Mae, Freddie Mac, the Mortgage Bankers’ Association and the National Association of Realtors. Each predicted that rates would begin to rise slowly and steadily throughout 2016.

However, shaky economic news and a volatile stock market have actually caused rates to drop six out of the last seven weeks, and have remained at 3.65% for the past two weeks.

 

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Rates have again fallen to historic lows yet many experts still expect them to increase in 2016. The only thing we know for sure is that, according to Freddie Mac, current rates are the best they have been since last April.

Bottom Line

If you are thinking of buying your first home or moving up to your ultimate dream home in Utah, now is a great time to get a sensational rate on your physician mortgage. We know that your time is limited and Josh Mettle can guide you to the best program for your situation with no hassle and good advice. Please call (855) 260-9932 or Contact Us here.

Thanks to KCM blog for this post.

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