Apr 20, 2012

APRIL 2012 MORTGAGE INTEREST RATES

Interest rates are down from the previous month and holding steady, which they've actually been doing since the final quarter of 2011.

This steady interest rate environment and the absence of volatility is surprising most economists, many of which anticipated rates to have risen more substantially by now, especially with the improving economic picture nationally, and steady growth in stock prices.

Nothing could be better though, for Spring home buyers in Denver Colorado right now, with the continuing low rates and stable home prices.

Homebuyer Advice

As I indicated at the beginning of the year, there's a lot of economic pressure for interest rates to stay low and stable throughout the remainder of this calendar year, 2012. Aside from moderate fluctuations up and down, our continuing low, low, interest rates should continue in the short term.

View 'Market Trends Report'

Previously Posted At: Today's Interest Rates And Trends 
Image Attributions: percent sign - sxc.hu

 

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