Attention Austin Homeowners and Buyers - Interest Rates On The Rise - 06/05/09 03:04 PM
All good things good to an end it seems. And the low-low 4% interest rates have ended. According to the experts, there is little hope that they will return.
For the past three months interest rates have remained under the 5% mark. Just a few short weeks ago, homeowners seeking a refinance, and buyers could get a mortgage loan with an interest rate around the 4.75% mark. Last week the national average was 4.91%. This week interest rates have shot up to 5.39% (as reported by Freddie Mac)! This is the highest interest increase in six months.
According to Yahoo Real … (0 comments)

 
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Shay Hargus Webb

Austin, TX

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Austin Avenue Real Estate Company

Cell Phone: (512) 775-1995

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Realtor Shay Hargus specializes in the sale of Homes, Condos, Luxury Homes, Investment Properties in Austin Texas real estate. Working extensively with with both local buyers, investors and buyers relocating to Austin. View all homes currently For Sale In & Around Austin. One Stop Home Buying Resource.


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