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

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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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