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Compliments of Mary Trudeau, Medallion Mortgage805-610-1565, MTrudeau@medallionmtg.com
Mortgage rates continue to set new record lows, leaving many home buyers and refinancers wondering how low rates can go and how to capture the best rates now. Making sense of the story: Many economists are forecasting that mortgage rates will rise again later this year as the American economy gradually improves and as more global investors turn to the U.S. as a safe haven for money. The average rate on a 30-year fixed-rate mortgage averaged 3.66 percent the month of June. This is the…
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