Los Angeles Mortgage Rate Update

In 2015 interest rates have been back and forth between a wide range. Starting the year in the 4.0% APR range and briefly touching as high as 4.625% APR mid-year. Fortunately for the last 3-4 weeks, we have seen mortgage rates improve week-over-week and settling around 4.0% once again. 

This week we are advising our home buyers to lock their rate and take advantage of this big improvement.