The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Why interest rates probably will not go down any lower

Mortgage rate too good to be true? It probably is…

By Scott Sheldon / August 18, 2019

So, you got a mortgage rate that sounds too good to be true but now you can’t close Mortgage rates are presently near their historic lows on 30-year fixed rate mortgage with the average 30-year fixed being between 3.375% and 4.125%. As such people are refinancing in droves taking advantage of the dip in rates.…

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