The California Association of Realtors (CAR) recently reported average
interest rates for 30-year fixed-rate mortgages over the past few
decades. Low interest rates are now at historical levels. In fact,
interest rates are at an all-time historic low as opposed to the
interest rates in October 1981 had the highest interest rates of
18.45%. Current interest rate from Chase and Opes Advisors are now
being quoted as low as 3.47%. If you had any doubts that now is a
good time to buy, it is clear that the cost of money is very
inexpensive.
For more information, please contact one of our in-house
lenders or a real estate professional like Melody Hultgren at
415.601.6915 or melody@climbsf.com.
Climb Real Estate provides this information to the public and our clients and does not guarantee its accuracy. Climb Real Estate does not necessarily represent the seller nor the marketing company in any way. For buyer representation, contact Climb or learn how to buy new developments.
