Fifty Year Low Interest Rates

by | Mar 6, 2020 | Uncategorized | 0 comments

If you had an inclination towards leveraging equity, refinancing or purchasing a property now might be a good time. Interest rates are as low as they have been in 50 years. Food for thought. Have a good weekend.

Average rates for loans.

Loan Type Interest Rate APR
30-Year Fixed Rate 3.660% 3.850%
20-Year Fixed Rate 3.490% 3.680%
15-Year Fixed Rate 3.020% 3.230%

Source – https://www.bankrate.com/mortgage.aspx

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