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Mortgage Rates Make Another Decline this Week...

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Real Estate Sales Representative with Capstone Washington Real Estate, LLC

Rates for 30-year fixed-rate mortgages averaged 5.04 percent this week, down from last week when it averaged 5.16 percent, said Freddie Mac today. Last year at this time, the 30-year FRM averaged 6.04 percent. The 15-year rate this week averaged 4.68 percent, down from 4.81 percent. A year ago at this time, the 15-year FRM averaged 5.64 percent. Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) averaged 5.04 percent this week.

Couple this with low prices and motivated sellers and you've got yourself what's known as a Buyer's Market. If you don't buy in a buyer's market, when do you buy? That's right, in a Seller's Market! And who wants to do that!?!

To learn how to take advantage of this market, call us at 360-609-6775 or visit the "Contact Us" page at www.MyRealtorIsJamie.com. We are here to help!

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The S&B Real Estate Team assists people in buying and selling real estate throughout Southwest Washington. We are proud members of Premiere Property Group, LLC in downtown Vancouver. Our local expertise covers: Vancouver, Battle Ground, Camas, Washougal, Brush Prairie, Hockinson, Ridgefield, Woodland and La Center. If you or someone you know is considering living or investing in Clark County, please contact us. Steve Borwieck can be reached at 360-241-7305. Or drop us a note on the “Contact Us” page at www.ppgwashington.com. We are here to help!

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