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Interest rates – a historical perspective
We always here that “rates are lower than they’ve ever been”. In most cases that is true. Rates have been progressively declining. Freddie Mac actually has a 10 year chart that will demonstrate this on a month to month and year to year basis. You can find the data here for 30 year loans- http://www.freddiemac.com/pmms/pmms30.htm In today’s fast market, you will find that your housing dollar will buy you more than ever before. In fact, if you haven’t considered either moving or refinancing, you definitely should. I would be happy to provide you the information you need to make a decision or to provide you a list of available properties. Just call or email me and I will help.
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