Interest Rates Still Looking Good!

The 30 year mortgage fixed interest rate seems to be holding around the same rate listed in my last interest rate update post in late October. The interest rates have fluctuated some in the last couple weeks, but the fixed interest rate on a 30 year mortgage with some restrictions was around 6.125% with some lenders. That is very appealing when compared to about 6.875% on the same type of loan in months past. If you were on the fence about buying a home in recent days, the lower interest rate might help in making that decision a little easier. Contact your local lender or Realtor for more details on the current interest rate situation.