It's all here! News on the Tucson real estate market, tips and information for your Tucson real estate needs, and my occasional "likes" about Tucson and all the things we love about it. Read on!

Friday, December 2, 2011

Interest Rates Settle In Around 4%

The Freddie Mac weekly market survey shows average fixed mortgage rates relatively unchanged this week.  30-year fixed rate mortgages were up just a bit to an average of 4.0%.  Last year at this time, the average was 4.46%.  Low rates and low prices continue to make houses in Tucson extremely affordable, but lenders are taking a closer look at potential buyer's qualifications.

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