Mortgage Interest Rates
Mortgage interest rates are still low. The chart below illustrates that. But this will not always be the case, so if you are considering buying a home, you may not want to delay for long. The Federal Reserve was on a path to increase short-term interest rates four times in 2016, now that is looking more like two times. For the moment, it is looking like a great time to buy a home! I can help you with your home search, give me a call at 206.604.5186 today!
The chart below shows the history of 30 year mortgage interest rates over the last 200 years. You can see that our interest rates today are at historical lows...a great time to purchase a home!