U.S. Mortgage Rate Trends

While mortgage rates may not be the lowest they’ve been in the last 36+ years, they’re considerably close. Getting a rate under 6% may not happen, but 6% to 6-1/2% looks rather good when compared to the early peak of 16.63% in 1981.

With over 4,000 homes for sale and near historically low interest rates, now is a great time to buy a home in Albuquerque. If you’re relocating, our lower cost of living is an added incentive.

View your Albuquerque Mortgage Resources.