Realtor Michael Mahoney in Boston with eXp Realty
Michael Mahoney
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Mortgage Rates Ease First Week In April 2018 – You Can Still Save Money

Mortgage Rates Ease First Week In April 2018 – You Can Still Save MoneyFreddie Mac Reports Slight Dip in Mortgages

Freddie Mac reported the following national averages for the week ending April 5:

  • 30-year fixed-rate mortgages: averaged 4.40 percent, with an average 0.5 point, dropping from last week’s 4.44 percent average. Last year at this time, 30-year rates averaged 4.10 percent.

  • 15-year fixed-rate mortgages: averaged 3.87 percent, with an average 0.4 point, dropping from last week’s 3.90 percent average. A year ago, 15-year rates averaged 3.36 percent.

  • 5-year hybrid adjustable-rate mortgages: averaged 3.62 percent, with an average 0.4 point, falling from last week’s 3.66 percent average. A year ago, 5-year ARMs averaged 3.19 percent.

Source: Freddie Mac

Despite Mortgage Rate Fluctuations – You can Save Money

Jason Evans with Loan Depot Can Save You Money

Put a clamp on your mortgage today

Although mortgage rates have been rising, there was a slight decrease last week. Rates will fluctuate based on the overall conditions created by Federal Reserve Bank policy and the bond market. Despite slight increases, you may want to check one of my preferred lenders to show you some mortgage products which can help you achieve cost savings in your residential mortgage.

Please consult loan officer Jason Evans with LoanDepot for a more accurate rate and better options for your mortgage. You can reach Jason Evans at Loan Depot @ 315-569-7338.

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Reviews

5suzannechapman1208

I selected Mike after having a very unsuccessful experience with a previous broker. He had excellent ideas in helping to sell my house and continued to advertise it with a fresh perspective. His experience helped in a number of ways and I only wish we had... (more)

5goodlife99

This is the second property I have sold in Weymouth MA with Mike as my broker. He research the area and give you all the information you need to decide what to list your property for, so it sells timely. He also helps review and negotiate all offers and is... (more)

5SullyLemmons

We had been trying to sell our condo for well over a year and decided to give Mike a shot at it as he came well recommended. It was not easy for him but he persisted and had success. Even though it wasn't a big sale or profit for him, he acted as though it... (more)

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