Mortgage Rate Update…


Rates ended the week finally back in the 4’s. The 30 year fixed closed the week at 4.500% with 2 points and 4.875% with 0 points. The last few times that the rates have been this low it did not last too long, so with the extension and expansion of the Tax Credit and the rates, now is the time to act.

Next week the rates will be influenced with many high impact reports, including Retail Sales and a look at inflation with the Producer Price Index and Consumer Price Index. Their results will help determine if we can hold onto these rates.

~submitted by Kevin Luddy, President, Constitution Mortgage,


Join The Discussion

2 thoughts on “Mortgage Rate Update…”

  • elena

    Nice Post, I like it, Thank you for sharing! Everything You Require To Experience Some Mortgages, home loans and Real Estate made soft. Smooth to figure articles and advice make your choice much easier to make.

  • olivia

    I read in you topic good and usefully in life.


Compare listings