Market Report for the Week Ending 5/2/2010

What Did Interest Rates Do Last Week? ** based on Freddie Mac weekly average survey ** 30-yr Fixed – Slightly Lower Last Week: 5.06% Previous Week: 5.07% 1yr Ago: 4.78% 15-yr Fixed – Unchanged Last Week: 4.39% Previous Week: 4.39% 1yr Ago: 4.48% Jumbo Fixed (Average 30-yr … [Read more...]

Market Report for the Week Ending 1/24/2010

What Did Interest Rates Do This Week? 30-yr Fixed – Slightly Lower This Week: 4.99% Last Week: 5.06% 1yr Ago: 5.12% 15-yr Fixed – Slightly Lower This Week: 4.40% Last Week: 4.45% 1yr Ago: 4.80% Jumbo Fixed (Average 30-yr Fixed) This Week: 5.75% Last Week: … [Read more...]

Market Report for the Week Ending 11/20/2009

Good news this week for home buyers! Mortgage rates inched lower for another week! Low rates, combined with the government's $8000 incentive of the extended and expanded Home Buyer Tax Credit, make for a great time to buy! 30-yr Fixed Last Week: 4.83% Previous Week: 4.91% 1yr Ago: 6.04% … [Read more...]