Today’s Mortgage Rates:
30-Year Fixed: 4.125% – APR 4.241%
15-Year Fixed: 3.500% – APR 3.720%
7-Year ARM: 3.875% – APR 4.563%
*These rates are a snapshot from Wells Fargo.*The National Home Builders Association provides a valuable resource to those people who are considering building a home.
While interest rates have started to climb back up from 2 or so years ago, the current market conditions still are very favorable for those who are seriously considering a major decision, such as building their own dream home.
It might be time to start taking notes when you hear people say: “now is the time to build” or “you better act now before it’s too late!”
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