The Dunnican AdVantage

Are Low Interest Rates Here to Stay?

Interest rates for a 30-year fixed rate mortgage have been on the decline since November.
Posted by Cindy Dunnican on April 17, 2019 in  Buying A Home  Economic News  Interest Rates  Spring Housing Market
Are Low Interest Rates Here to Stay? Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say, “Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgag... read more
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Interest Rates Hit New 12 Month Low!

Rates like these haven’t been seen since February 2018!
Posted by Cindy Dunnican on February 27, 2019 in  2019 Housing Market  Buying A Home  Interest Rates  Mortgage Loans
Interest Rates Hit New 12 Month Low! According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018! Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low. This can be seen in the chart belo... read more
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