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Fixed Mortgage Rates Continue Falling

May 27th, 2014 Written By Carol Pawley

mortgage low rates

Key fixed-rate loans are now trending at 4.14%––the lowest level in seven months, according to the latest survey by mortgage buyer Freddie Mac. That average rate is down from last week’s 4.20%. 

In the short term, experts predict these lower rates will hold steady. In the latest Mortgage Rate Trend Index poll, 89% of the analysts and loan experts said they expect mortgage rates will remain unchanged over the next week.  Bottom line, if you are shopping for a mortgage, you have timed it right and there is no better time to lock than the present.

Great to have you on my site! Seeking to sell or buy property in Coconut Grove, Coral Gables, or anywhere in Miami? I can assist you. Real estate is my area of expertise and Miami-Dade the place I grew up. I know the communities, the schools, the culture, and the business of real estate. I’ve consistently ranked in the top 1% of my field, locally and nationally. I’d love to have the opportunity to introduce myself and discuss your real estate needs. Let’s connect: PH 305-992-6188,EMAIL: carolapawley@gmail.com

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