Marin Real Estate Blog

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Average 30 Year Interest Rate, Where does today's interest rate stand?

Ofttimes I turn around, I hear people ask if this is still a good time to buy.  They read and heard so much about the troubles in Lending Institutions and how quite a few large companies have either shut down or been bought out; how lenders have tighten their lending practices and how interest rate has jumped for subprime and Jumbo loan.  

I recently received a chart showing the last 30 years average interest rate chart.  At 6.25% (1 point), we are still in the historical low rate - so, this is still a good time to buy Real Estate in Marin or elsewhere.

It is a PDF document, so email me and I will send that chart to you.

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