Wait! Did I read that right? You meant to say 3%, not 2%, right? I mean, I talk to my friends and they’re telling me they are getting rates under 3%. So this is a typo, isn’t it?
Well, there are a few lenders out there that are advertising rates under 2% on 15-year fixed and 10- year fixed mortgages. As you would suspect, you would have to pay points to buy down the rate, so it could be expensive. But, the rate is being offered. I called one of the lenders and they said they have customers locking in these rates, notwithstanding the costs.
If you’re looking for a rate under 3%, or maybe even under 2%, give us a call and we can counsel you to see if this is the right rate for you.
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