The Deal of the Century??

Recently, Freddie Mac published a blog post titled Mortgage Rates: Still the Deal of the Century. They explained that, if you are planning to purchase a home, now may be the time: “If you are in the market to buy a home, today s average mortgage rates are something to celebrate compared to almost any year since 1971.” 

And they let their readers know that there is no guarantee that rates will remain this low: “Over the past few years, we've enjoyed a long run of historically low mortgage rates. While no one expects them to change dramatically overnight, they are expected to head up. 

Most experts agree that mortgage rates will drift up in the coming months to end the year approaching 4.50%. Buying a home is a big investment – perhaps the biggest one you ll make in your life. So, it s important to be sure you are ready to make that purchase. If you are ready, today s rates are not to be missed.” 

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