Posted on July 15, 2016 - 10:40 AM
by Michael Granston
WASHINGTON (AP) – July 14, 2016 – Long-term U.S. mortgage rates moved little this week, remaining near historically low levels in the wake of financial disarray in Europe.
Mortgage giant Freddie Mac says the average for the benchmark 30-year fixed-rate mortgage ticked up to 3.42 percent from 3.41 percent last week, staying close to its all-time low of 3.31 percent in November 2012. The average rate is down sharply from 4.09 percent a year ago.
The 15-year mortgage rate slipped to 2.72 percent from 2.74 percent last week
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I first met Michael about 3 years ago when I bought my apartment in 1350 Main street This was an investment property to rent and as I live in the UK, I needed all the help and advise I could get. Plus he was a fellow Brit living in Sarasota for 20 years. He was so helpful with the purchase and renting that I bought another 2 apartment in the same blocJ.N. UK
Michael Granston is wonderful! We worked with Michael (as out of state buyers) to purchase a condo in downtown Sarasota. Michael was so helpful, patient, kind, knowledgeable and dependable. He was easy to get ahold of and made the entire buying experience stress free! We are so happy that we met Michael, he is now our "go to" agent!J.H. OH
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