Britta Rivera Venture

CHICAGO REAL ESTATE NEWS & MORE

2011: MORTGAGE RATES DROP TO 60-YEAR LOW; OFFERS GREAT OPPORTUNITY FOR BUYERS

It was announced today that mortgage interest rates have dropped to a 60-year low.  The average 30-year fixed interest rate is now listed at 4.09% according to news reports. The 15-year fixed rate mortgage, now popular with refinances, is now averaging 3.3%.

This is great news for buyers interested in securing a new home.  Combine these rates with some of the lowest housing pricing in years, and it makes the perfect mix for a buyers market.  It is important to note, the rates are the national average and based on credit scores and lenders, so you will want to speak with a credible lender for exact figures.

Anyone sitting on the fence should really consider buying, by taking advantage of this rare opportunity.  Owning a home has always been “The American Dream”, low-interest rates and discount pricing makes it more affordable than ever.

If you are looking for amazing deals in Chicago, start viewing incredible homes or register here for assistance.

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September 16, 2011 - Posted by | REAL ESTATE NEWS | , , , , , , , , , ,

1 Comment »

  1. […] until she is 150-years-old?  HOUSING MARKET 2011: TELL THE MEDIA TO “SHUT THE FRONT DOOR” 9/16/11: INTEREST RATES DROP TO 60-YR LOW GA_googleAddAttr("AdOpt", "0"); GA_googleAddAttr("Origin", "other"); […]

    Pingback by 2011 VIDEO: ROYAL TWINS? KATE & WILLIAM SECRET PREGNANCY « Brittaj17's Blog | September 16, 2011 | Reply


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