Posts Tagged ‘financing’

Fixed-rate Mortgages Remain at or Near All-time Lows

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed-rate mortgages at or near their 60-year lows helping to drive record high homebuyer affordability. The 15-year fixed, a popular choice among refinance borrowers, averaged a new all-time record low of 3.13 percent. The survey shows that the 30-year [...]

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Housing Affordability Index Hits Record High

Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of REALTORS®.

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Buyers Better Hurry: Rates Reach New Lows

For the sixth straight week, fixed mortgage rates inched down, reaching new lows for 2011. The 30-year fixed-rate mortgage averaged 4.60 percent this week while the 15-year mortgage averaged 3.78 percent.

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100% USDA Loans Are Available Again!

Funding for USDA 100% financing ran out a few months ago. But, it’s back! It is official as of this week….the rural housing mort­gage program from the United States Department of Agriculture (USDA) is back. Yes, the same people that certify our beef at the grocery store offer a mortgage program.

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Mortgage Rates Are At Rock Bottom And Won’t Stay There!

Interest rates have hit rock bottom! The national average on a 30-year fixed-rate mortgage dropped to 4.36 percent in Aug 2010 – lower than it’s been in the past half century.

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7 Reasons Why Now Is The Prime Time To Buy!

Why now is the best time to buy real estate. Home affordablilty is at an all time high, interest rates at an all time low, now is the time to buy!

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