When we talk about finding deals while shopping over the holidays, usually we are thinking about people waiting in lines outside of retail stores for $5 toasters. In this case, buyers are saving $20. We usually don’t think about homes—but record low mortgage rates may change that. According to CNN Money, mortgage rates hit record lows recently for both 30 year and 15 year fixed rate loans. The 30-year was at 3.31% and the 15-year was at 2.63%. These rates can save homeowners potentially tens of thousands of dollars in interest over the life of a mortgage. Talk about Black Friday savings!

Read the full article, including a comparison of the value of a 15-year mortgage versus a 30-year.

Visit WaterGrass today to find your dream home and take advantage of these record low rates today. We have several immediate delivery homes available for every price range. Make an appointment now.