Real Estate Guides
Helpful Guides - At Your Fingertips
- First-Time Buyers Guide
- Moving & Relocation
- Home Financing Guide
- School Reports
- Neighborhood Reports
- Home Selling Guide
- Home Prep And Staging Guide
- Home Sale Marketing Guide
- UPDATED: July 11, 2024
Mortgage Rates ticked down as markets digest incoming data. Following June’s jobs report, which showed a cooling labor market, the 10-year Treasury yield decreased this week and mortgage rates followed suit. There is also more inventory on the market, including a fair number of listings with price cuts, which is an encouraging sign for prospective buyers.
Source: Freddie Mac
MORTGAGE INTEREST RATES
30 yr FHA - 6.48 %
30 yr Conv - 7.01%
15 yr - 6.41%
Jumbo - 7.22%
For daily mortgage rates see Home Loan Rates, below.
Till Next Month,
.
Not all borrowers will receive the same mortgage interest rate. Rates can vary significantly according to loan type, down payment, credit score, length or term of loan, down-payment assistance programs or subsidies, and so forth.
The long term expectation is for interest rates to rise. Don't take our low mortgage interest rates for granted. If you're financing a home right now, my best advice is to "lock-in" these historical low rates, rather than gamble. It's alwasys better be safe than sorry!
If you're in the market for a home this year, allow us to help you find the right lender and loan program, and help you take advantage of our very reasonable and low mortgage interest rates. Today’s rates are still quite a bargain!
'View Market Trends Report Here'
Michael Dagner is an expert in Denver-Area home sales.
Call today, (303) 514-4000, for help with your home sale or purchase.
RELATED ARTICLES
by Michael Dagner: Google+
Image Attributions: percent sign - sxc.hu; jenga - wikipedia
.
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
(303) 514-4000
Copyright © 2010-2011, the Michael Dagner Group. All rights reserved. Sitemap | Terms Of Use | Our Commitment To Your Privacy