Mortgage Rates at Records Low

Just this past week, the 30-year fixed rate mortgage averaged at 4.12% with an average of 0.7 point. Last year, at this time, the rate was 4.35%. The 15-year fixed rate mortgage was at 3.33% with an average 0.6%. These figures represent the lowest rate since Freddie Mac started keeping record in 1971. Mortgage rates are expected to stay low for a while due to the unemployment rate and the economic situation overall that’s keeping the yields down on U.S. Treasury bonds which determine mortgage interest rates.

This is a great time to buy a home, with great bargains in the real estate market and low interest rates. Jacksonville, Florida is a great place to live, with beautiful landscaping, weather and the ocean of course. If you’re thinking of moving into the area, call the local Jacksonville movers for professional moving services at an affordable price. You can expect our Jacksonville moving specialists to quilt pad wrap your furniture and help you with disassembling and reassembling it as well. When you move with All My Sons of Jacksonville, you move with a reputable moving company.