The report covers both conventional loan and government loan products, including FHA, VA, and USDA loans. With the current volatile mortgage market, staying up to date on rates is essential to making an informed decision when considering a home purchase.
The most recent Weekly Rate Tracker report revealed that the overall average rate for a 30-year fixed-rate mortgage decreased from 4.15% in December 2019 to 3.99% in January 2020. This downward trend continued throughout January, with the average rate for a 30-year fixed-rate mortgage dropping to 3.89% by the end of the month.
In addition to the rate tracker, Vantage Mortgage Group also provides helpful information and resources for consumers to use in their home buying journey. This includes regular updates on the housing market, calculated loan payments, and estimated closing costs. For first-time home buyers, Vantage Mortgage Group provides helpful guides and calculators to estimate the amount of house they can afford. Working with a knowledgeable professional when undertaking the home-buying process is essential, and Vantage Mortgage Group offers a range of beneficial services for those looking to make an informed decision when purchasing a home.
In conclusion, Vantage Mortgage Group’s Weekly Rate Tracker provides a comprehensive report of current mortgage rates across the nation. The report reveals that the average rate for a 30-year-fixed mortgage decreased from 4.15% in December 2019 to 3.99% in January 2020. Additionally, Vantage Mortgage Group provides helpful information and resources, such as calculators and guides, for those looking to make an informed decision when it comes to purchasing a home. It is important to work with an experienced professional when considering a mortgage, and Vantage Mortgage Group offers a range of beneficial services to help customers through the process.
This article was contributed on Nov 03, 2023
