BlogColorado Real EstateFun FactsUncategorized June 16, 2017

All About Rates


All About Rates

Most likely you read the news that the Federal Reserve raised their discount rate by 0.25% this week.

You may not have read the news that average 30-year mortgage rates went down this week.

What gives?! How could this be?!

What you need to know is that 30-year mortgage rates are not directly tied to the Federal Funds rate. Mortgage rates follow the 10-year treasury rate

You also need to know that rates today are essentially half of thier long-term avereage.

The average rate on a 30-year loan today is 3.91%. The 40-year long term average is a little above 7%.

Even though rates are higher than one year ago, they are incredibly low when looking at the long term.

We frequently are asked “when do you think rates will go up?” We made a short video which shows you our answer.

To watch the video, click HERE

Welcome to Friday Fun Facts!

Thanks for checking out this week’s Friday Fun Facts!

These little nuggets of information are designed to inform, education and entertain you. I promise to give you some solid takeaways, based on real life with information that will keep you up-to-date.

You can expect an entertaining short video or article once a week.. If you really like it, share it with your friends!

*If this isn’t your thing, no worries – just click the unsubscribe link below.*


Free Investor Resource

Learn the 5 essential steps to real estate investing in Northern Colorado. See how to create monthly residual income. Gain clarity and confidence in the Northern Colorado investment market. Avoid common investing pitfalls.

Click below for your free access to the one hour online lesson; plus enjoy additional resources.


Windermere Real Estate 400 E Horsetooth Rd., Suite 100 Fort Collins, Colorado 80525 United States (970) 232-4364