Mortgage Rates Decrease as Stock Market Dips this Week


Mortgage Interest Rates hit their lowest levels in 12 months.  As the Dow Jones Industrial Average adjusted down to 16,350 from 17,350 the 30 year mortgage rate dipped to just under 4% and the 15 year dropped to just above 3%.
This means if you are thinking of aquiring real estate in the near future the rate to borrow money has not been better for you over the past 12 months and historically these rates are terrific.

Warmest Regards,

Kevin Aizenshtat


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