Mortgage Rates Drop Dramatically

In an unforeseen dramatic day in the mortgage markets, rates have dropped significantly, without any certain cause, other than massive trading by investors. 

The average 30 year rate is now down to 4.35% on 30-year fixed loans (down from about 4.5%). This represents an average savings of $150 per month on a 30-year loan payment for a purchase of $400,000. If you are on the fence, today or tomorrow morning are great times to lock a rate in on your mortgage loan.

As always, if you or someone you know is considering buying or selling property, please call right away. Your referrals are greatly appreciated!

Cindy Holmstrom, Broker CRS CDPE

If you, or someone you know is interested in buying or selling property, please call right away!

Cindy Holmstrom

Cindy Holmstrom
Broker CRS CDPE

Office
858-361-6164

Fax
866-444-0436

Email

Calif Brokers License CA BRE #01026343

Mary Stukey-Cader

Mary Stukey-Cader
REALTOR®

Direct
858-254-6954

Fax
866-444-0436

Email

01342904

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