Canoe Club Mortgage Rates Hit New 12 Month Low – Lock in your rate with a new lake home at The Canoe Club

Did you know that mortgage rates have just hit a new 12 month low? NOW is the perfect time to choose your new home at The Canoe Club in Fayette County.  Summer is just around the corner and you will love living in a lake community.

Mortgage Rates Hit 12 Month Low

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018!

Last week’s survey results reported an interest rate of 4.35%. This is a welcome change from the near 5% rates seen in mid-November. At 4.32%, the second week of February 2018 was the last time rates were this low. This can be seen in the chart below. [ read full article on ]

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