LIME REALTY GROUP wants to take this opportunity to check on the going mortgage rate again while the markets are still recovering from the turmoil caused by the Brexit.  As you remember, the last time we checked the chaotic events sent the mortgage rate plunging back below the 4% line where analysts have expected it not to return to.  In fact, most were predicting a steady rise toward 5% by the end of the year.

So where are we now?

Well, quite frankly, the dip hasn’t recovered yet and the rate is holding steady around 3.95% on a 30-year FHA fixed rate.

What does that mean for you?  Well, as a first time home buyer, it means your dollars will buy more home!  But this isn’t just great news for first time home buyers…  Most other 30 year fixed loans are below the 4% mark right now.  The savings can be gained by anyone!

If you’re considering taking the plunge, now’s a great time and we’re here to help make that decision as easy as possible.  Call Lime today.  We’re the clear choice for real estate in Southern Utah.