Spread the Word: Mortgage Rates Below 4%

Gauge Heat of the Market and Mortgage Rates Hit 3.99
Spread the Word: Mortgage Rates Below 4%: Fixed-rate mortgages fell back near yearly lows again this week, lowering borrowing costs for home buyers and refinancers. 5 Latest Stats: “Buyers continue to be encouraged by interest rates at lows not seen since last summer, improving levels of inventory, and stabilizing price growth,” says Lawrence Yun, NAR’s chief economist. “Furthermore, the job market has shown continued strength in the past six months. This bodes well for solid demand to close out the year and the likelihood of additional months of year-over-year sales increases.” “If you are planning to buy a home in the next year, it’s better to do it sooner rather than later,” Frank Nothaft, Freddie Mac’s chief economist, said in the video commentary embedded here.