30 Year Fixed Mortgage Rates Down According to Freddie Mac

The end of July 2015 saw the 10 year treasury rate yield drop well below its 50 day moving average which pushed 30 year fixed mortgage rates under 4%. As the 10 year treasury rate yield goes so go mortgage interest rates. Below find a six month chart of the 10 year treasury rate yield. If you compare that chart to 30 year fixed mortgage rates you will find they are eerily similar.

When looking to buy a home in Chapel Hill, Chatham County or Durham remember that financing is part of the process. We work with a number of local mortgage lenders to help you find the lowest possible North Carolina mortgage rates. If you need any assistance finding a bank or lender that offers attractive interest rates do not hesitate to reach out to us today. As August 2015 is upon us now is the time many families are consider a move. Allow Real Estate Experts to help with all your real estate needs. 

While Bankrate, Zillow and other websites post mortgage rates on a daily basis remember that mortgage rates adjust based on individual financial factors. You may have made some very good financial decisions over the last several years that allow you to get a 30 year fixed mortgage at 3.75% or below.