poway real estate: Mortgage rates hit a record low for Home Owners in Poway that want to refinance
- 12/07/09 12:15 PM
Mortgage rates of 4.71% at record low News about a new low in mortgage rates of 4.71 percent have encouraged homebuyers and owners to refinance their Poway Homes. According to the weekly Freddie Mac Primary Mortgage Market Survey the rates were down from last week’s 4.78 percent. This equals the previous record low from April for 30-year, fixed-rate loans with a 20 percent down payment. For example, the latest rate for a $300,000 loan would require a principal and interest payment of $1,558, compared to $1,570 from last week. This does not count origination fees and other expenses such as taxes (1 comments)
Read this little ad I found, thought it was interesting:
Fair Market Value Of White House Drops $23,000,000: Think your home value is down since 2005? Per estimates, this 16BR/35BA, 55,000 sqft home on 18 acres dropped a not-so-cool $23 million the past year, to a still not-to-be-sneezed-at $308,058,000. Think of the monthly payments! Since you mentioned it... With 20% down and a 30-year 5% mortgage, your monthly payment would run you $1,323,000/month. You might even have to take a second job.
Good thing you can find gorgeous homes similar to this one in Poway (0 comments)
Countdown to a New Year with unexplored Adventures.... So 2008 didn't turn out the way most of thought it would but we fought thru and made it to the end. After all we've seen, I don't think whatever 2009 is bringing could shock us anymore! I have a great feeling that the properties in Poway and San Diego county will start to turn around and gain value. Location is key and Poway is one of the best places to buy or sell Real Estate. The Poway community is located in a prime spot... close to (0 comments)
Poway, California, is a thriving community located in San Diego County. Poway is well known for its "Award Winning School District". Poway provides many cultural, educational and entertainment venues. Poway is conveniently located to N. County, Coast and Downtown San Diego. From beaches to museums to racetracks and restaurants and more, Poway is a short drive from it all. Home buyers can find homes throughout Poway Real Estate, many in desirable neighborhoods with desirable prices. The property in Poway have beautiful curb appeal, with mature landscaping, distinct features such as arched ways, stained glass windows, and more. (0 comments)
Are you considering buying or selling real estate in the Poway area? The community of Poway is located in the center of San Diego County. Located inbetween S.County, N.County, the coastal and inland areas. Poway Real Estate offers a great sense of community and is conveniently located near all Southern California has to offer. Poway Real Estate is such a great investment, you are in one of the "best" school districts, surrounded by fabulous places to shop, the beautiful beaches, all the freeways and so much more. The homes in Poway can range from $99K to beyond millions. From (0 comments)
In a time where people are very much influenced by what is in the news, it seems a bit irresponsible for the media to be feeding the housing panic with such horrible headlines. It's still a very attractive market for buyers in Poway, with large inventory, attractive interest rates and sellers willing to negotiate. I don't understand why so many agents are letting the media get to them. We of all people should know that the market changes all the time and that no everything the News Stations are reporting is correct. What do you (1 comments)