Santa Barbara Real Estate Benefits From Fixed Mortgage Rates Continuing Near Record Lows For 6th Straight Week
This weeks average rate on the 30-year fixed mortgage continued to hover just above its record low. Freddie Mac reported this week that the rate on the ever popular 30-year home loan sat just below 4% at 3.99%. The record low for the 30-year mortgage rate was set about 9 weeks ago when it dropped to 3.94%.
The average rate of the 15-year fixed mortgage has been sitting around 3.27 %, down from 3.30 % the last few weeks. The record low for the 15-year mortgage rate was also set about 9 weeks ago at... Continue Reading >
Kevin Schmidtchen
Realtor - Sotheby's International Realty
1436 State Street
Santa Barbara, CA 93101
Phone # 805-689-6877
[email protected]
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