If you need assistance, please call 410-449-2193

Interest Rates February 2018

Friday, February 2, 2018   /   by Shane Anderson

Interest Rates February 2018

With the economy doing better we have notices that the interest rates are slowly on the rise. As of January 31 2018 here are the rates you can expect when you buy a home. These interest rates can change daily.
  • 30 Year Fixed: 4.375-4.5%
  • FHA/VA 4.0 - 4.25%
  • 15 Year Fixed 3.625 - 3.75%
  • 5 Year Arms 3.0 - 3.5% Depending on the lending

     With that being said now is a good time to buy before the interest rates go any higher. I have a chart to help explain what happens when the interest rates go up.

Interest Rate.PNG
            If you are interested in learning more or want to know what programs are out there that can help just give me a call or shoot me an email. I have lenders on my team that can help answer any questions you may have. To understand more about what has been going on with mortgages you can go to http://www.mortgagenewsdaily.com/consumer_rates/832564.aspx

  anne arundel county, home loans, housing market, interest rates, market update, qualify for a home loan, stock market, pre-approval, home qualification

Anderson Residential Group | Modern Maryland Realty
Shane Anderson
1610 Professional Blvd Suite H
Crofton, MD 21114
410-449-2193
Military Trusted Business Badge

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams Flagship participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2024 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: November 7, 2024 9 AM.
This site powered by CINC: www.cincpro.com