Rocklin Mortgage Recap: Week of March 23rd
Interest Rates Adjusting In A Very Narrow Range
First, I’m not a lender nor do I play one on TV :-). As a Realtor, however, it’s important to have a basic understanding of mortgage interest rates and what mortgage rates are at any given time. Beyond the basics, I depend on my trusted colleagues who are lenders to provide me with updates, advice on mortgages, programs and rates.
Rates change by the moment. Not by the day but by the moment. That much I have down! However, they can operate in a very narrow range which is what we’ve been seeing for a few weeks now.
Historically, mortgage interest rates are still very low which makes buying a home today more affordable. The table below is a recap of what interest rates did this week. All rates are for a 30 year fixed rate loan.
The prevailing rate could be slightly higher or lower depending on a number of factors. On an individual basis, credit score and loan program and on a broader level, a multitude of economic indicators.
| Date | Prevailing Interest Rate |
| 3/24 | 4.51% |
| 3/25 | 4.51% |
| 3/26 | 4.48% |
| 3/27 | 4.46% |
| 3/28 | 4.49% |
Trending: Down
Have questions about mortgage rates? Here is a .pdf called “Understanding Mortgage Rates” from Quicken Loans. It’s very informative and great reading material if you’re looking for great sleep aid! 🙂
Thanks for visiting!
Buying or selling a home in Rocklin? If so, I’d like to help you. Please call or text me directly at 916-532-7653 or click here, for my contact page.
Rocklin Real Estate Views is the most comprehensive online source for Rocklin real estate information. Whether you are looking for the latest sales, trends or homes for sale in Rocklin, Rocklin Real Estate Views has it all at your fingertips.
Subscribe to Rocklin Real Estate Views by Email
