What are Mortgage Interest Rates in West Chester, Liberty Township & Mason Ohio??
LowryTeam.com Mortgage Interest Rate Update
Have mortgage interest rates hit their lows? Will they continue to move higher lower? These are good questions. The truth of the matter is nobody knows for sure. We had seen an uptick in mortgage interest rates in West Chester & Mason Ohio earlier this year, only to see them sag back down again, as you can see on the graph. The interest rates are now hovering around in a range between 4.00% – 4.25% for a 30 year fixed rate mortage.
It seems like in West Chester and Mason Ohio that we have seen the lowest levels and that interest rates may likely begin to edge a little higher as we get into the new year a little ways. We certainly don’t expect large jumps in interest rates soon, but an upward trend seems likely. The only certainty that exists right now is that these are historically low rates for home purchases.
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