Mortgage Rates Keep DROPPING!

Mortgage rates fell across the board this week.

The benchmark 30-year fixed-rate mortgage fell this week to 3.77 percent from 3.83 percent, according to Bankrate’s weekly survey of large lenders. The 15-year fixed mortgage rate also fell to 3.15 percent from 3.20 percent a week ago.

Here’s a snapshot of mortgage rates as of last night:

  • The 15-year fixed-rate mortgage fell to 3.15 percent from 3.20 percent.
  • The 5/1 adjustable-rate mortgage fell to 3.50 percent from 3.65 percent.
  • The 30-year fixed-rate jumbo mortgage fell to 3.76 percent from 3.77 percent.

If you are wondering whether or not to make that move – I’d stop wondering and start planning!

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Jennifer Blanchard

Jennifer Blanchard is a Top Producing real estate agent in Basking Ridge with over 20 years of experience. She would love the opportunity to discuss any real estate questions you have.

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