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November 2016 Mortgage Interest Rates
- originally posted November 1, 2016 -
Mortgage rates are currently up by 1/4 percent since October.
Fixed rates slipped from last week's spike (on news and fears that the Fed plans to raise interest rates in December). As a result, the 30-year fixed-rate mortgage eased back to its summertime range below 3.5 percent.
This essentially leaves interest rates slightly higher than this years lows, and rates continue to hover near all-time record lows.
Till next month,
Michael Dagner is a real estate professional in Denver, Colorado.
The Michael Dagner Group, Brokers Guild Cherry Creek Ltd, 7995 E. Hampden Ave, Ste 100, Denver, CO 80231 Map
5 Minutes From The Denver Tech Center - Near Tamarac Square, 9-Mile Station, & Cherry Creek Reservoir