ATTENTION ALL ORANGE COUNTY HOME BUYERS, SELLERS, AND REFINANCERS: Freddie Mac just announced that US mortgage rates hit their lowest in more than 50 years this week! The average rate for a 30-year fixed loan fell over .15%, from 4.32% to 4.15 percent in the week that ended today. According to Freddie Mac’s weekly survey, the previous low was 4.17 percent in November 2010. Additionally, the average 15-year rate fell to 3.36% from 3.5%.

This is great news for Orange County home buyers, sellers, and refinancers. Home sellers can hope to see a surge in potential buyers who are excited to take advantage of these very low interest rates. Buyers looking for a gorgeous South Orange County property need to make the most of these low mortgage rates and place an offer on their dream Orange County home today! And of course, if you are an Orange County resident who wants a lower monthly mortgage payment, well now is your time to refinance! Potential Orange County real estate buyers and refinancers should contact their mortgage broker or bank to see if they qualify for these very low mortgage rates!

As always, if you are considering buying or selling a home in Orange County, call experienced real estate agent Cheryl Marquis of Altera Properties before making any decision. Cheryl has been selling beautiful homes in Orange County for over 25 years and will make sure that all of your real estate needs are properly taken care of! Call Cheryl today.