Investor Central

Welcome to the premier resource for Las Vegas investors looking to generate wealth through real estate. Whether you already own a property and need management help or you need assistance to get started, you have found the right place.

Friday, July 19, 2013

Mortgage Rates Reach Highest Level in 2 Years

The graph below is a visual demonstration provided by Freddie Mac, one of the two major government-sponsored mortgage financing companies. It shows us that 30-year mortgage rates have rose to their highest level in nearly two years, increasing from 3.40% to 4.51% in a time span of just three months. While the average rate for a 30-year loan has climbed to 4.51%, the average mortgage rate for a 15-year fixed loan hit 3.53% according to the data.

Check out the article for more info:


No comments:

Post a Comment