The Berra's Lake of the Ozarks Real Estate Blog

Lowest Interest Rates in Nearly 40 years!
July 9th, 2010 7:43 AM

 Mortgage loan interest rates are the lowest they have been since rate tracking began in the early 1970's. The average rate on 30 year fixed loans is 4.57%. Fifteen year fixed rate loans can be found in the low 4% range and adjustable rate mortgages can be had in the mid to upper 3% range.

If you have been putting off the purchase of a primary residence or second home here at the Lake, there is no time like the present. Home prices are down from the large spike of a couple years ago and the rates cannot be beat.

This combination of rates and values will not last forever!

Posted in:General
Posted by Mike and Susie Berra on July 9th, 2010 7:43 AMPost a Comment

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