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  • Unussually low rates

    March 13, 2019
  • People attending open houses this weekend have a lot to smile about, and not because of marble countertops or bay windows. Mortgage rates remain at their lowest levels for mid-January since 2013, according to the weekly survey from mortgage giant Freddie Mac.

    Recent world events like the tensions with Iran and the ongoing trade dispute with China have held down mortgage rates throughout early January, making it an ideal time for U.S. homebuyers and homeowners to reduce their interest costs.

    Thanks to the attractive mortgage rates, buyers are finding open houses can be crowded — because lenders and real estate agents are reporting an unsually busy winter for the housing market.

     

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