mortgage rates: Mortgage rates break record lows - 01/14/12 01:19 AM
Our latest report on the mortgage market shows interest rates reaching new record lows once again. For more useful buyer information, check out the buyer tools page at DaneCountyMarket.com.  
Dan Miller, Realtor, Keller Williams Realty and www.DaneCountyMarket.com
www.HowWeHelpYouSell.com
www.HowWeHelpYouBuy.com
www.OurRecentSales.com
www.SearchDaneCounty.com
www.DaneCountyForeclosureSearch.com
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mortgage rates: Mortgage rates near historic lows once again - 12/31/11 12:38 AM
Our latest report on the mortgage market shows interest rates dropping to near historic lows once again. Local rates for 30 year fixed rate loans have dropped to well under 4%. Rates for 15 year fixed rate loans have dropped to 3.25%.
For more useful buyer information, check out the buyer tools page at DaneCountyMarket.com.  
Dan Miller, Realtor, Keller Williams Realty and www.DaneCountyMarket.com
www.HowWeHelpYouSell.com
www.HowWeHelpYouBuy.com
www.OurRecentSales.com
www.SearchDaneCounty.com
www.DaneCountyForeclosureSearch.com
 
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mortgage rates: Dane County mortgage rates plunge well below 4% - 09/22/11 11:36 PM
Mortgage rates plunged yesterday. Many local lenders offered 30 year fixed rate loans for 3.875%. Fifteen year fixed rate loans dipped to 3.25%.  It's a great time to contact your lender if you've been thinking of locking in or refinancing. It's also a time of opportunity for home buyers. Buyers tend to gain more leverage in the Fall and Winter seasons. Combined with these historically low rates, the cost of ownership is the lowest it's been in a long, long time.  Here's our latest report on the mortgage market. (Keep in mind today's local rates will likely be lower than the … (0 comments)

mortgage rates: Mortgage rates once again at historic lows - 08/06/11 03:42 AM
According to a recent Freddie Mac mortgage market survey, the average commitment rate for a 30 year fixed rate loan in the month of July was 4.55%. The average rate for a 15 year fixed rate loan was 3.68%.
The graph below shows the average commitment rates for the month of July versus every year dating back to 1992. Rates have been trending steadily lower this year.
 
 
This graph shows the average rates for the last 20 weeks. Rates have moved even lower in August. The average rate for a 30 year fixed rate loan was 4.39%. The average rate for a 15 year … (2 comments)

mortgage rates: Madison home buyer seminar Tuesday, March 1st, 6:30 - 8:00 PM - 03/01/11 02:18 PM
UW Credit Union is offering a free home buying seminar on Tuesday, March 8th from 6:30 to 8:00 PM. For more information about this seminar, click here.
This seminar offers the first-time home buyer a great opportunity to learn about buying and financing a home in today's market. There is no sales pressure whatsoever. This seminar is all about sharing information and answering your questions.
Speaking of sharing information, the UW Credit Union Home Loan Page at DaneCountyMarket.com has 9 great articles about the home loan process. If you are new to the home loan process, you will want to check them out.
Dan Miller, Realtor, Keller … (1 comments)

mortgage rates: Interest rates remain at very low levels by historical standards - 02/03/11 10:48 PM
According to a recent Freddie Mac mortgage market survey, the average commitment rate for a 30 year fixed rate loan in the month of January was 4.76%.
The graph below shows the average commitment rates for the month of January versus every year dating back to 1992. As you'll see, interest rates were the lowest they've ever been in 2010, when the average rate for a 30 year fixed rate loan was 4.69%.
 
Current rates are extremely attractive by historical standards. Even so, the Mortgage Bankers Association expects the rate for 30 year fixed rate mortgages to rise to 5.3% in 2011 and … (2 comments)

mortgage rates: Mortgage rates reach new lows (again) - 10/17/10 12:41 AM
According to the latest Freddie Mac weekly mortgage market survey, mortgage rates have dropped to record lows once again. As of October 14th, the average commitment rate for a 30 year fixed rate loan was 4.19%. The rate for a 15 year fixed rate loan was 3.62%. Here's the trend over the last 20 weeks.

For our full mortgage update, check out the economic trends page at DaneCountyMarket.com.
Dan Miller, Realtor, Keller Williams Realty and www.DaneCountyMarket.com
 
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mortgage rates: 15 year fixed rate mortgages now under 4% - 08/07/10 12:37 AM
According to the latest Freddie Mac weekly mortgage market survey, mortgage rates continue to drive lower. As of August 5th, the average commitment rate for a 15 year fixed rate loan was 3.95%. The rate for a 30 year fixed rate loan was 4.49%. Both are record lows.
Of course now is a great time to refinance. It's also a great time to be in the market for a home. In the next few days we'll release our July real estate update. The numbers will show in black and white a dramatic shift toward a buyer's market. Buyer demand is down across all price … (2 comments)

mortgage rates: Mortgage rates drive to another new low - 08/01/10 12:14 AM
According to the latest Freddie Mac weekly mortgage market survey, mortgage rates have dropped to record lows once again. As of July 29th, the average commitment rate for a 30 year fixed rate loan was 4.54%. The rate for a 15 year fixed rate loan was 4%. Here's the trend over the last 20 weeks.



With a new buyer's market and record low rates, today's buyers are getting better deals than those who participated in the home buyer tax credit several weeks ago.
Have a great weekend,
Dan Miller, Realtor, Keller Williams Realty and www.DaneCountyMarket.com

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mortgage rates: Mortgage rates now the lowest ever on record - 06/25/10 12:17 AM
According to the latest Freddie Mac weekly mortgage market survey, rates have dropped to their lowest levels on record. Here's the trend over the last 20 weeks.

For anyone that's been thinking of locking in, now is the time :).
Have a great weekend,
Dan Miller, Realtor, Keller Williams Realty and www.DaneCountyMarket.com
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mortgage rates: 30 year fixed rates down to 4.625% - 06/23/10 11:36 PM
Rates have gone even lower. According to UW Credit Union's mortgage page, the rate for a 30 year fixed rate loan was down to 4.625% on Wednesday. The rate for a 15 year loan was 4.125%. If you've been waiting to lock in, today would be a good day to discuss your lock with your lender.
Dan Miller, Keller Williams Realty and www.DaneCountyMarket.com
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mortgage rates: Mortgage rates near all-time lows - 06/05/10 12:35 AM
Mortgage rates have dipped to near record lows once again.

Despite the very low rates, market activity is slower than it was several weeks ago, back before the tax credit expired.
Sellers, you need to know demand is lower than it was several weeks ago.
Buyers, you may have more negotiating leverage than you think. Not a bad position to be in with such very low rates.
Dan Miller, Keller Williams Realty and www.DaneCountyMarket.com
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mortgage rates: Locking in your interest rate - 03/26/10 12:01 AM
UW Credit Union has published another educational article to the buying real estate page at DaneCountyMarket.com. This article describes how a rate lock works. It also offers some tips to help you manage when you lock in.
UWCU has contributed 4 other articles to our web site, including:
Saving for a down payment Choosing a mortgage program The importance of a mortgage pre-approval Why your credit history is important Have a great Friday,
Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com    
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mortgage rates: Time to lock in? Interest rates back below 5%. - 01/18/10 10:00 PM
According to the latest mortgage rate publication by UW Credit Union, interest rates for 30 year fixed rate loans are back below 5%.
If you haven't visited the UW Credit Union mortgage web center before, you'll find it to be a very useful resource. The UWCU mortgage web center allows you to monitor interest rates, apply for a loan, and monitor the status of your loan all from a single online location. In the very near future you'll also be able to search for properties. That's pretty cool.
Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com
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mortgage rates: Interest rates headed higher? - 01/10/10 09:36 PM
Eric Rosengren, chief of the Federal Reserve Bank of Boston, predicts rates will rise between .5% and.75% over the coming months. You can read more in this article from The Hartford Courant.
Rock-bottom interest rates and tax credit incentives won't last forever. If you need to sell, you have a window of opportunity right now. We recommend you consider listing your home in January rather than waiting until spring.
Food for thought.
Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com    
(2 comments)

 
Dan Miller, Helping you Buy and Sell in Madison, Wisconsin (RE/MAX Preferred, Madison, Wisconsin)

Dan Miller

Helping you Buy and Sell in Madison, Wisconsin

Madison, WI

More about me…

RE/MAX Preferred, Madison, Wisconsin

Address: 610 Junction Road, Suite 205, Madison, WI, 53717

Office: (608) 852-7071



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