Mortgage Interest Rates Are So Low

Today the rates quoted by Opes Advisors are 3.750% for a high balance conforming loan which is a loan up to $625,500.  Last year the interest rate for the same loan was 4.625%!  It is pretty mind blowing that rates are still so low even with the US economy improving.  The recession ended in 2009, six years ago.

If you are thinking about purchasing a home, while competition is fierce, at least you will be getting a loan at one of the best times in decades.  Speak to your mortgage professional.

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