Despite increasing for the second week in a row, mortgage interest rates are still well below levels seen at the end of last year. The 30-year fixed-rate mortgage averaged 3.68%, up from last week’s 3.64%. A year ago, the 30-year FRM averaged 3.86%. Mortgage rate remains 33 basis points lower than its end-of-2015 level.
(Source: Housing Wire)
I help clients understand, navigate and negotiate the intricacies of Los Angeles residential real estate. My team makes a vigorous commitment to client satisfaction and understanding the extreme importance of taking care of all the details in what can be complicated transactions.
John Skinner