Current Mortgage Interest Rate
What is the current average mortgage home loan interest rate in Los Angeles?
I got an offer for a 285,000 dollar townhouse in Los Angeles Suburb. Its brand new and pretty nice. But the interest of the loan is 5.5 around there. Do you think this is too much?
I don’t think that it’s too much, and it’ll be a challenge to find someplace at a lower rate. As we know, the land value of those in LA are quite hefty.