So Long To Mortgage Rates In The 3s For Now!

Is the era of 30 year home mortgage rates really over?

In really less than 30 days the financing for new home purchases have surged by more than a full percentage point!  Many lenders are quoting rates for 30 year mortgages as high as 4.87%  just last Friday vs the mere 3.65% the first of June. Many experts are saying they would be surprised if the 30-year, fixed rate mortgages dip below 4 percent again this year. We all hope interest rates remain low…however, don’t wait to purchase and miss out on this great opportunity to buy a home for under 5 percent financing!!

Read the Original Article Here: So Long To Mortgage Rates In The 3’s For Now!

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