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!

Thursday, July 6, 2017

Mortgage Rates Rise a Bit This Week from 2017 Lows

After reaching record lows for the year last week, mortgage interest rates crept up a bit this week, nudged along by a sharp rise in global interest rates.

But in the grand scheme of things, rates are still pretty low. 30-year fixed rate mortgages are averaging 3.96% and 15-year fixed rate mortgages are averaging 3.22%.  Overall, still good news for Tucson home buyers (and sellers who want to sell to those buyers.)

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