Mortgage Rates End Week at Lows

Mortgage Rates End Week at Lows

Mortgage rates may not be quite as low as they were on January 31st, but they nonetheless managed to end at the lowest levels of this week.  Unlike January 31st, we can still say we’re at the lowest levels in more than a year (yesterday was the first official day for that distinction).  

All of this is beside the point.  We’re effectively as low as we’ve been in a long time.  The average lender is once again able to quote conventional 30yr fixed rates below 4.5% for the best-qualified borrowers.

Beyond that, there’s at least an equal chance that rates could go lower in the short-to-medium term depending on economic data and the resolution (or lack thereof) of several lingering uncertainties.  

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Angela Agana
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When you work with me, you will find that attention to detail is one of my biggest strengths. I strongly believe in the "Golden Rule" of treating others as I would like to be treated. I first fell in love with Northern Virginia when my spouse was stationed here with the Air Force over a decade ago. During that time, I have raised three children, contributed to the local community, and became passionate in helping others with their major life changing events - buying and selling their home.
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