Historic Low 30-year Loan Rates Hover Around 3.39%

30-year mortgage rates continue to stay low spurring home purchases and refinancing, Freddie Mac has reported.  With a rate currently at 3.39% for a 30-year loan and 2.70% for a 15-year loan they are just marginally above record lows.

With home prices rising in almost all Utah real estate markets, call your Realtor to learn how these low rates may impact decisions to buy or sell a home.

Source: The Salt Lake Tribune - "Average U.S. rate on 30-year loan dips to 3.39 percent " November 1, 2012

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