Sanibel Real Estate Blog: Rates Decline

The most recently published mortgage rates indicate another decline.Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans fell to an average 4.09 percent from 4.12 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lowest level recorded from records going back to 1971. A year ago, the benchmark rate stood at 3.81 percent.

If these rates get you in the mood to check out Sanibel real estate, check out listings at our website www.chuckandrews.com or give us a call to discuss Sanibel real estate anytime.

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