Although there has been much speculation that rates will rise (and I believe they will) we are currently seeing a drop in which the 30-year fixed-rate mortgage averaged 4.93 percent, down from last week when it averaged 5.00 percent. Last year at this time, the 30-year fixed rate mortgage averaged 4.86 percent so we are close to last year's numbers.
"Interest rates on fixed-rate mortgage declined for the 5th straight week," said Frank Nothaft, Freddie Mac vice president and chief economist. "The National Association of Realtors® reported that median house prices are recovering in more local areas in the latest quarter.."
I appears that we have a great opportunity going into the busy season for home sales.
William Szilagyi, WilliamsHomeSellers LLC,www.ZColorado.com,www.WilliamsHomeSellers.com, 719-646-2634,colorado springs home values,colorado springs homes for sale,colorado springs housing,colorado springs real estate,colorado springs realtor,colorado springs realty,foreclosed homes colorado springs,foreclosure colorado springs,fort carson housing,fort carson real estate,home values colorado springs,homes colorado springs,homes for sale colorado springs,housing colorado springs,mls colorado springs,mls listing colorado springs,mls listing colorado springs,property colorado springs,realtor colorado springs,realty colorado springs
No comments:
Post a Comment