Lowest Mortgage Rates in 19 Years

You don’t hear this very often anymore, but we’re much better off now than we used to be…with mortgage rates, that is.  Freddie Mac’s chart below shows that 30-year fixed rates are at an all-time low.  It dates all the way back to 1990 when these mortgages came with almost 10% in interest. If you are thinking about refinancing, now is a great time given these historically low mortgage rates.

While this chart is fun to look at, we all know that yesterday’s rate is now gone. So, make sure you are current by doing some research on the most up-to-the-minute mortgage rates, which seem to be dipping below 5% today. Then, find out what rate you can get by anonymously submitting a loan request on Zillow Mortgage Marketplace to get custom mortgage quotes created just for you…in seconds.