Interest Rates on Home mortgages stay LOW.

Interest Rates on Home mortgages stay LOW.

Posted by Brian Burke on Monday, November 30th, -0001 at 12:00am.

 Summer looks good for home buying and Selling in the  Entire Denver Metro area!

 Buyers are hitting the streets looking for homes and Open Houses. Interest Rates are staying Steady at yeary lows and  great home prices are motivating Home Buyer's in the Denver area to purchase homes.

Here are the Averages for Mortgage Rates;

A 30-year fixed-rate mortgage: averaged 4.50 percent, which is unchanged from last week’s average. Last year at this time, the 30-year rate mortgage averaged 4.69 percent.

▪ A 15-year fixed-rate mortgage: averaged 3.69 percent, up slightly from last week’s 3.67 percent average. Last year at this time, the 15-year rate averaged 4.13 percent.

▪ A 5-year adjustable-rate mortgage: averaged 3.25 percent this week, down from last week’s 3.27 percent average. A year ago at this time, the 5-year ARM averaged 3.84 percent.

A 1-year adjustable-rate mortgage: averaged 2.99 percent, up from last week’s 2.97 percent. Last year at this time, the 1-year ARM averaged 3.77 percent.

Please contact us now if you are looking to Buy, Sell, or Re-Finance a Home now.
Please let us know if you want us to email or text you up to date Mortgage Rates.
303-955-4220

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Brian Burke | Broker | ePRO | Expert   | 303.955.4220 Office | 303.710.2609 Direct |  Brian@kennarealestate.com

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