Though rates ticked up, they are still at HISTORICAL lows. Now is the time to build your dream home! At these rates, clients would have the same payment but be able to finance 20% more than another mortgage at 6% (which is still a relatively low rate). In other words, a $300,000 mortgage at 6% and a $360,000 mortgage at 4.37% would have the same payment of about $1795 — you’re getting $60,000 more at the lower rate. Dreambuilder can connect you with those that can help you finance your dream. You can learn more about the affordability of going custom here.
WASHINGTON – Rates on 30-year mortgages climbed for the second straight week, but remain near the lowest level in decades.Read more