Wednesday, December 28, 2011

Weekly Mortgage Rate Update, 12.28.11


The mortgage rates are still incredible!  It's a great time to buy a new home and lock that rate in for the long haul.  Not planning a move?  It's also a great time to refinance and save yourself some money each month. 


My mortgage professional of choice: Mark Kuchik at Access National at 317-846-1250.  I encourage all of my clients to get preapproved before they start the house hunt so they know exactly where to focus their time when shopping for a home.   Mark sits down with you to review your case, hear your goals, and get you started on the new-home path.  Please tell him I sent you!

Rates for the week :
From the IBJ: The average rate for 30-year mortgages rose from 4.19 to 4.20 percent for the week ended December 21, according to Bankrate.com. The rate for 15-year mortgages was unchanged at 3.42 percent.

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