The benchmark for a 30-year fixed rate mortgage fell again. A year ago it was at 4.89%. As of October 3rd, it was at a 3.83%. Home buyers, this is excellent news. Low interest rates equal lower mortgage payments or more purchasing power. Call your local loan officer to get pre-approved and capitalize on these low interest rates before they rise again. Over the life of your mortgage, these lower rates will save you thousands of dollars.
Already preapproved? Contact us and we can get you started on your home buying journey. Discover what El Paso truly has to offer.