Mortgage rates are dropping, are you ready to purchase a home? Please let us know how we can help!
"On Sunday, October 11, 2020, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 3.050% with an APR of 3.360%. The average 15-year fixed mortgage rate is 2.560% with an APR of 2.870%. The 5/1 adjustable-rate mortgage (ARM) rate is 3.090% with an APR of 4.040%." As described by Bankrate!