Mortgage Rates Are CRAZY LOW For Fairfax County Home Buyers

Dated: 02/04/2015

Views: 441

Mortgage rates for the 30-year fixed mortgages dropped this week, with the current rate for borrowers in Fairfax County, Loudoun County and Arlington County were Quoted by Zillow at 3.56 percent, down 2 basis points from this time last week.

The 30-year fixed mortgage rate hovered between 3.53 percent and 3.77 percent for most of the week, dropping to 3.46 percent on Friday before returning to the current rate. 

"Rates edged down late last week, hitting new 20-month lows before inching up slightly on Monday," said Erin Lantz, VP of Mortgages at Zillow.

This means for Fairfax County, Loudoun County, and Arlington County Home buyers are starting to make moves on the inventory that is currently out there and there is much opportunity to purchase a home at a great price.

Home Sellers in Fairfax, Loudoun, and Arlington getting ready to sell this spring should start talking to a real estate professional or listing specialist to make sure every detail is understood and a path to success can be made.  

The Kenney Team Listing Specialist is helping home sellers all over Northern Virginia and the Washington Dc Metro Area , especially in Fairfax, Loudoun and Arlington Counties sell their homes quickly and for top dollar.  If you want more information about working with our listing specialist call 703.731.9208

Blog author image

Frank Kenney

I grew up in Fairfax County and playing sports throughout the area. As an adult I have been running my own company for almost 10 years. I took a struggling franchise and grew it into the largest of i....

Want to Advertise on this Site?

Latest Blog Posts

What If I Wait Until Next Year To Buy A Home

 What If I Wait Until Next Year to Buy a Home?We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have

Read More

How Long Does It Take To Buy A House

How Long Does It Take to Buy a House? It's a big question, especially for people who hope to time their home purchase with when their rental lease is up. Or before the start of school. Or when

Read More

The 1 Reason To List Your House Today

The #1 Reason to List Your House Today!HAPPY NEW YEAR!!! Many people believe that selling their house during “the spring buyers’ market” is the best thing to do. Their reasoning

Read More

Home Prices Up 7 From Last Year

According to CoreLogic's latest Home Price Index, national home prices have appreciated by 7.0% from October 2016 to October 2017. This marks the second month in a row with a 7.0%-

Read More