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
feed via the link on my
website.
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.
