Current fixed-rate mortgage interest rates continue to set new records as indicated in the graph above comparing annual averages from 2003-2012. The monthly average 30-year fixed mortgage rate in October 2012 was 3.38% bringing the total 2012 average this year down to an astonishing 3.72%! Home buyers that Oltersdorf Realty, LLC have working with in Leelanau & Grand Traverse County (Traverse City) have been extremely happy to lock in their historic low interest rates!
Source of Information with records dating to 1971 : FreddieMac
Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: realestate@oltersdorf.com