5 Year Fixed Rates Drop

5 Year Fixed Rate mortgage rates have fallen again, now down to 3.09%. Many experts are predicting the trend of lower than normal rates to continue through the summer, however, for those looking to purchase a home or refinance at some time within the next 90 to 120 days, this most recent rate drop provides an excellent opportunity for getting pre-approved. For more information regarding mortgage interest rates, visit www.albertamortgagecentre.com.