Panama City Beach Real Estate Market Conditions
Panama City Beach Real Estate Information | Market Conditions | Boating and Fishing

Capt. Mike Foate

Good day all,

Freddie Mac reports that interest rates on 30 year fixed rate loans fell again last week. Now at their lowest level in nearly four years.

Mortgage rates averaged 5.48 percent for the week ended Jan. 24. Down from 5.69 percent a week ago.
Freddie Mac also reports that rates on 15-year mortgages declined to 4.95 percent from 5.21 percent.

For those buyers that can buy now is a GREAT time. :-) Lots of homes to look at, good prices and GREAT interest rates! :-)

Thanks and have a GREAT day!
Capt. Mike

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This entry was posted on Friday, January 25th, 2008 at 12:28 pm. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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