I’m David Beadle. Here’s what’s happening from RateAlertNow.com.
Mortgage rates fell sharply on Friday after the March consumer price index showed only a tiny 0.1 percent gain in “core” inflation (excluding food & energy).
The national-average 30-year fixed-rate mortgage is at four and three-quarter percent with one and three-quarter points, down half-a-point from Thursday,
for a savings of $500
on a $100,000 loan
and $1500
on a $300,000 loan.
This will be the last blog
update of the current series.
To keep up with changes in
mortgage rates on a daily
basis, follow my Twitter
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That’s what’s happening.
I’m David Beadle.
If you want to “avoid” being caught “by surprise”
the next time mortgage rates rise,
find out about my *Real-Time*
text and email “bulletins,”
by visiting RateAlertNow.com.