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Scottsdale Mortgage Rates Fall Again

April 16, 2012 by Carmen Brodeur

Mortgage interest rates have just hit another new low. Mortgage rates declined for the third consecutive week. The 30-year fixed averaged just above its record low while the 15-year fixed averaged a new all-time record low of 3.11% surpassing its previous low of 3.13% in March 2012. scottsdale homes for sale

  • 30 year fixed rate mortgages averaged 3.88% with an average 0.7 point for the week ending April 12, 2012. Last year at this time, the 30-year FRM averaged 4.91 percent.
  • 15 year fixed rate mortgages averaged 3.11% this week with an average 0.7 point. This is down from last week when it was 3.21%. A year ago at this time, the 15-year fixed-rate mortgage averaged 4.13 percent.

It is amazing how low interest rates have fallen. The feds have stated that they plan to keep interest rates low to help stimulate the real estate market. This is a great opportunity for anyone who is able to qualify for a mortgage. If you are looking for a home in Scottsdale, call me to set up a personalized tour. I would be happy to show you any Scottsdale condos or homes for sale.

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TopScottsdaleHomes.com

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Carmen Brodeur Scottsdale RealtorVoted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2023. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.

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Your Scottsdale Real Estate Connection

Whether you are buying or selling, we are committed to providing you with exceptional service. Put our experience to work for you. Contact Carmen Brodeur today at Carmen@TopScottsdaleHomes.com

Our Office

We are conveniently located in North Scottsdale.

Trillium Properties, LLC
20715 N. Pima Road, Suite 108
Scottsdale AZ 85255
(602) 791-0536
Carmen@TopScottsdaleHomes.com
 
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