There is good news today for homeowners who are applying for mortgages.  According to a a recent survey conducted by Freddie Mac.  The current mortgage rate has dropped again since last week.  

 The new figures are:  that a  15-year fixed-rate mortgage averaged 3.97 percent, the lowest since Dec. 9, 2010. Whereas last week, it averaged 4.02 percent, and a year ago at this time it averaged 4.39 percent.

Meanwhile, the 30-year fixed-rate mortgage, the most popular choice among buyers, averaged 4.78 percent this week, down from last week's 4.80 percent. Last year at this time, the 30-year fixed-rate mortgage stood at 5.06 percent.

The 5-year adjustable-rate mortgage averaged 3.51 percent this week, down from last week's 3.61 percent average. A year ago, it stood at 4 percent.

 

 

 
Posted by LauraKnickelbein Real Estate Agent on 04/29/2011 11:40 AM   Comments (0)  
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Mortgage Assistance Relief Services (MARS)
03/10/2011
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The FTC has changed and implemented in rules that Florida Real Estate Agents need to be aware of when assisting customers with Short Sales. There are no new disclosures that have to be implemented when dealing with customers. First, there are now… more
 
Laura

LauraKnickelbein Real Estate Agent

Weeki Wachee, FL

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Address: 7404 Shoal Line Blvd., Weeki Wachee, FL, 34607

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