Irving Texas Real Estate Trends - Archives October, 2011

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Home : Blogs : Diego Marin - Irving TX Short Sales : Irving Texas Real Estate Trends : Archives October, 2011

Conventional Rates in Irving TX drop below 4% - 10/08/11 11:31 PM

Interest rates for a Conventional 30yr-fixed drops below 4% for the first time in history! This is great news for First Time Home Buyers looking for Irving TX Real Estate, who maybe doesn’t want to go through the stricter guidelines of an FHA loan.
Even the 15yr-fixed loans, popular among existing homeowners wanting to refinance fell to an all time low according to GSE’s market analysis. Freddy Mac’s chief economist, Frank Nothaft said the decline in fixed mortgage rates was due to the sharp drop in 10-yr Treasuries.
Lower rates and lenient guidelines… what could be better? Looking for a great deal? … (2 comments)

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Diego Marin - Irving TX Short Sales

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