Interest Rates on the Raise

by Ryan Christensen 01/11/2021

Based on data compiled by Credible Operations, Inc., current mortgage refinance rates are trending up since last Friday. Average rates for all loan types spiked to 2.542%, while 30-year rates rose to 2.750%, a high not seen since December 3, 2020.

  • 30-year fixed-rate refinance: 2.750%, Up from 2.625%, +0.125
  • 20-year fixed-rate refinance: 2.750%, Up from 2.625%, +0.125
  • 15-year fixed-rate refinance: 2.125%, Up from 2.000%, +0.125

Rates last updated on January 11, 2021. 

Interest rates are still at low.  Questions? I am here to help.  Please contact me if you are considerieng refinancing or purchasing a home and need loan advise.

 

About the Author
Author

Ryan Christensen

Responsive, Responsible and Resourceful - How Real Estate Should Be. This is the foundation of our continued success: responsive service, providing accurate and timely information, and demystifying the process. 100% of my business is referral based because I listen to my clients' needs and exceed their expectations. As a full-time real estate broker, I am the best advocate for both my buyers and sellers. I am always available, regardless of the time of day.

 Being a native Southern Californian is a tremendous advantage. I know the area. Time is more valuable than money, but neither can be wasted. And, I'm a fan of hard work. My clients can enjoy their home buying and/or selling experience because I provide a trusting, focused, straightforward approach. I look forward to helping you achieve your goals and find joy in homeownership.

 I am both a licensed Real Estate and Mortgage Broker. Others choose to concentrate on one or the other. I provide a higher level of service and expertise than those who do not obtain this dual skill set, which differentiates me from other service providers. My decisions and advice are based solely on what is in the best interest of my clients. I use Real Estate Sales as a tool to make sure my clients get the home that meets or exceeds their needs. As a Mortgage Broker, I search for the best loans so I can offer lower rates and pricing than my financing competition. This certainly IS in the client's best interest.