Mortgages Poised To End Year On A Low Note.

By darlenecarucci, Posted December 9, 2014

Mortage rates continue to trend downward as the year comes to a close. Last week, 30-year rates dropped BELOW 4%, the lowest interest rate since this past May. This amount is only slightly lower than December 2013 and mortgage rates have stayed consistantly low since last year.  Lower rates combined with reduced home sales prices, typical at this time of year, could entice many homeowner to shop for a new home this holiday season.