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30-year mortgage rates hit new record low

May 3, 2012
Published by Sandcastle Homes

According to the’ Associated Press’, mortgage rates hit a new record low. The rate of a 30 year loan fell to 3.84% on Thursday, May 03. In addition, the 15 year loan also dropped to its record low of 3.07%.

The new rates should restore confidence for those who have been on the fence about purchasing a new home or refinancing their home.

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Tags: Houston economy, mortgage, mortgage rates

Categorised in: Uncategorized

This post was written by Sandcastle Homes

I just moved into my new Sandcastle home and I think it’s a wonderful place to live. They have been very helpful, particularly Lynette and Steve. From the owner Mike Salomen down, it has been a truly positive experience. I would highly recommend anyone who wants to buy a new home that is built of high quality to consider this home builder.
Neal Massey