Mortgage Interest Rates at NEW Record Lows

Okay, so Mortgage Interest Rates are at a NEW record low. This is happening so often, it’s barely even news any more. The fact is that housing interest rates are so unbelievably low it’s almost unreal. Even though Utah home prices might drop a little bit more over the next year, from an affordability aspect, the current mortgage rates might be make housing costs the cheapest we will ever see.

Here are the Latest National Average for Interest Rates for the week ending June 24th:

  • 30 Year Fixed: 4.69%
  • 15 Year Fixed Mortgages: 4.13%
  • 5 Year ARMS:  3.89%

via Utah Real Estate Mortgage Information » Mortgage Interest Rates at Record Lows, Again.

Interest Rates Make it a Great Time to get Shopping for Utah Homes for Sale

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