Interest Rates
Where are interest rates?
First time home buyers in Temecula, Murrieta, and other areas of Riverside and San Diego counties, as part of the search for their first time home, want to know about interest rates and more importantly “where are they going”?
The answer to that question is simple: Throughout history interest rates have always done one of three things: They can go up, They can go down, They can stay the same. And no one, not me, not your Realtor, and not your brother-in-law know for certain.
What lending professionals and first time home buyer specialists do know, is that certain economic indicators give us a hint of the direction of interest rates.
Interest rates are like the price of gas at the pump, they can change from day to day based on factors that may seem pretty distant to a first time home buyer or someone paying 10 cents more a gallon than they did last week.
Look for updates on this page, we’ll not only show you the rates, but share some “insider” information so you can be a smart consumer and get the best interest rate and loan program for you.
If you’re looking for fast and accurate interest rate quotes, we recommend Zillow Mortgage Market Place.
Check out this short video on how to use Zillow Mortgage Market Place
For more information on first time home buyer interest rates, call or email us.
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