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August Newsletter

By
Real Estate Agent with Bozeman Montana Real Estate .net
JENIFER OWENS

Going on a Financial Diet

Mortgage Rates Amazingly Low, Continue to Fall

 

RD (Rural Development) funds have been replenished!

 

Jenifer Owens

406-209-0022
Email me
Website

http://sellyourhomes.net/t

Todays Rate

30 year

4.49%

15 Year

3.92%



 

 

Many Americans live on a margin, spending more than they earn, using credit to make up the difference, and saving at near invisible rates.


Living past their means, they use credit to buy houses, cars, and merchandise that many experts would suggest they really can't afford. This "good life" is great, until the person is no longer able to make their payments. And as unemployment rates hover over 9 percent (U.S. Bureau of Labor Statistics), more and more Americans are finding themselves in this predicament and subsequently facing bankruptcy, foreclosure, and even homelessness.

Read More

30-year fixed mortgage rates are now at 4% for well-qualified borrowers who pay .07 to 1 point origination shows FreeRateUpdate.com research of wholesale lenders' interest rate sheets. 15-year fixed mortgage rates are at 3.5%. Both fixed mortgage rates, which continue to decline, are at all time record low levels.


FHA mortgage rates remain at similar levels to conforming rates. FHA 30-year fixed loan rates are at 4%; however, APR on an FHA loan at 4% is quite higher than that of a conforming mortgage at the same note rate. Read More

Bozeman Home Sales Under 1 Acre

7/1/2010-7/31/2010

Belgrade Homes Sales Under 1 Acre

7/1/2010-7/31/2010

The average price $258,581
The median price $234,900
The highest price $590,000
The lowest price $143,000
Average Market Time 124 days
The average price $184,750
The median price $172,000
The highest price $253,000
The lowest price $125,000
Average Market Time 121 days

FEATURED BOZEMAN HOMES

3bd, 3ba, 2.97 Acres
$599,000
327 S Big Elk Meadow Road
Gallatin Gateway, MT 59730

2bd, 2ba, Private Patio
$137,900
610 Dell Place Unit 11
Bozeman, MT 59715