Mortgage Rates at Record Lows! 30 Year Fixed 4.01% & 15 Year Fixed 3.28%

Interest rates for 30-year fixed rates reached 4.01% last week per FreddieMac.  The 15-year rate reached a record low3.28%.  This news came after the Federal Reserve announced it would purchase 400 billion of treasury bonds and reinvest in agency mortgage backed securities! It will be interesting to see if the low rates will impact the home buying market throughout the winter months! Call us at (209) 471-6516 to begin your Central Valley Home Search.  We will refer you to reputable lenders so you can take advantage of today’s incredible rates!