Is It Still A Great Time To Buy

Dated: 08/17/2017

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Is it still a great time to buy? Why buy now?


The 30-year fixed-rate mortgage averaged 3.89% during the August 17 week, down from 3.90% in the prior week and now just one basis point above its 2017 low. The 15-year fixed-rate mortgage averaged 3.16%, down from 3.18%. The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.16%, up two basis points during the week.


Rates are still at a low. The longer you wait the better chance of an upward movement.

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