Just How Low Are Average Interest Rates Today?

Interest rates are incredibly low right now. How low? Let’s review the numbers.

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You’ve probably heard that interest rates are currently quite low, but do you know just how low they truly are? For starters, the average interest rate for 15-year fixed mortgages is just 3%. For 30-year mortgages, the current average interest rate is approximately 3.25%. And if you’re seeking a jumbo loan or home refinance, you’ll be happy to learn that both of these loan types come with very low rates, as well. All in all, this makes now a great time to make a move. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.