Interest Rates Fall Yet Again

After some very modest increases in interest rates over the last few weeks they have once again slid to record lows. The 30-year fixed rate average sits at 4.17% this last week according to Freddie Mac, while 15-year loans dipped to 3.57%. The drawn out economic recovery and job concerns still cause hesitation amongst buyers, but interest rates certainly aren’t standing in anyone’s way currently.

Stephen Woodall
REALTOR, GRI @ Long Realty Company

Stephen has made real estate his full-time career and passion since 2008, primarily specializing in the Foothills & the Northwest Tucson areas of Oro Valley and Marana. He is a multi-million dollar producer, representing both sellers & buyers. Stephen has tremendous experience in new home sales, listing & selling primary residences, listing & selling vacant land, listing & selling luxury homes, investment properties, rentals, and real estate development parcels.


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