The Federal Reserve Economic Data report shows that the 30 year Fixed Rate Mortgage Average in the United States is hovering at it’s lowest points. We bought our first property in the 80’s and although prices for land/homes were lower, we were so excited to get an 8% rate on our loan. Prices are higher now, but interest rates are 50% lower than what we paid back in the 80’s. See a lender and find out how much house/condo/land you can afford at these low rates. We would love to help you make that purchase.