Although the average rate mortgage interest rate is very low all across the country, ABBA First offers lower rates and the best service for all your mortgage needs. Rates on 30-year fixed loans hit their lowest levels of the year for the second straight week. For the week ending August 31, Freddie Mac announced that 30-year fixed rates fell to 3.82% from 3.86% the week before. The average for 15-year loans decreased to 3.12% and a year ago, 30-year fixed rates averaged 3.46%. Attributed to Sean Becketti, chief economist, Freddie Mac — “The 10-year Treasury yield fell to a new 2017-low on Tuesday. In response, the rate on 30-year loans dropped 4 basis points to 3.82%, reaching a new year-to-date low for the second consecutive week. However, recent releases of positive economic data could halt the downward trend of interest rates.”
Please consider your best rate now through ABBA First Mortgage. Call me, Rich Sr., and as the owner of ABBA First, I will walk you through your mortgage inquiry and offer you the best of the best that you can find anywhere!
Note: Rates indicated do not include fees and points and are provided for evidence of trends only. They should not be used for comparison purposes.