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04 February . 2020

Mortgage Interest Rates Hit 3-Month Low!

Great news for home mortgage shoppers as Freddie Mac announced that the 30-year fixed-rate mortgage averaged 3.60%! Builder Online covered the news saying:

"A year ago this time, the 30-year FRM averaged at 4.45%.

The 15-year fixed-rate mortgage averaged 3.04% [in the last week of January 2020]. A year ago this time, the 15-year FRM averaged 3.88%."

Interest rates are near all-time lows helping home shoppers of new construction homes and home sales.

Find all of Briar Chapel's home plans and inventory homes available here!

For the full article, check out Builder Online.

tags: Mortgage, Home Mortgage, Interest Rates

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2020: The Year to Buy

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