Mortgage Rates Fall to 12 Month Low

Mortgage Rates Fall to 12 Month Low

U.S. long-term mortgage rates fell this week to a 12-month low, an enticement for prospective home buyers in the upcoming season.

Indications that inflation and economic growth around the world have slowed have been pushing mortgage rates lower, experts say. Increases in home prices have slowed in many areas of the country, and more homes have come on the market.

This is a great time to buy if you're in the market!