Mortgage rates reach historic lows - WALB.com, South Georgia News, Weather, Sports

Mortgage rates reach historic lows

Now may be a good time for you to buy a house or refinance your mortgage. (Source: WALB) Now may be a good time for you to buy a house or refinance your mortgage. (Source: WALB)
Hughey Walker, owner of Hughey & Neuman Co (Source: WALB) Hughey Walker, owner of Hughey & Neuman Co (Source: WALB)
That combined with low interest rates can lead to good deals. (Source: WALB) That combined with low interest rates can lead to good deals. (Source: WALB)
DOUGHERTY CO., GA (WALB) -

Now may be a good time for you to buy a house or refinance your mortgage. Mortgage rates are near record lows.

Real estate brokers say home prices in Dougherty County are rising slightly, but they're still relatively low. 

That combined with low interest rates can lead to good deals.

"There's so many benefits to having, you know capturing a good interest rate because that makes a world of a difference in your monthly payments," said Hughey Walker, owner of Hughey & Neuman Co.

The average 30-year fixed mortgage rate is hovering around 3.4 percent.

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