Mortgage Rate Predictions For April 2015

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According to Freddie Mac’s weekly mortgage rate survey of more than one hundred banks, 30-year mortgage rates averaged 3.68% last week, marking the 19th straight week of sub-4 percent rates; and the 15-year fixed rate mortgage rate averaged 2.97%.

With conventional mortgage interest rates near 24-month lows, today’s home buyers can afford close to 11% “more home” as compared to the start of last year. This means that if you could afford a $400,000 home last year, this year, you can afford a home for $444,000. Read More

Chris Letares
NMLS# 6958
Branch Manager | Senior Loan Officer
Mobile: (603) 860-9622
Tel:  (603) 935-7591
E-Fax (844) 491-6739
Email: cletares@financeofamerica.com

Manchester Branch | 50 Bridge Street Suite 204 | Manchester, NH 03101
FinanceofAmerica.com/cletares
Chris