Mortgage Update 8/10/07

Yesterday, Freddie Mac (the Federal Home Loan Mortgage Corporation) reported that mortgage rates were at a 2 month low.

30 Year fixed rates averaged 6.59%, down from last month's rate of 6.68% and the year's high of 6.74%.
Freddie Mac also reported 15 year fixed rates at 6.26% from last month's rate of 6.32%.

In spite of news articles to the contrary, mortgage loans continue to be available to qualified buyers at reasonable interest rates. There does not seem to be a factual basis for people to hold off buying any more.

Jim Little, Your Sun City Realtor
http://jclittle.com/
Ken Meade Realty
17001 N Del Webb Blvd
Sun City AZ 85373
800-877-1776
623-977-1776

By the way...if you know someone who is interested in buying or selling real estate in the Sun City Neighborhood, Peoria, Glendale or Surprise, please call me with their name and phone number. Thank you!

 

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Real Estate Agent: Jim Little, Your Sun City Arizona Realtor (Ken Meade Realty)
Jim Little, Your Sun City Arizona Realtor
Sun City, AZ
More about me…
Ken Meade Realty

Office Phone: (623) 977-1776
Cell Phone: (623) 521-6768
Email Me
My comments and opinions for the northwest Maricopa county and the Adult communities there. Specializing in Del Webb's Sun City, Sun City West, and Sun City Grand, and the neighboring communities of Surprise, El Mirage, Peoria and Glendale Arizona



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