Showing posts with label dallas homes. Show all posts
Showing posts with label dallas homes. Show all posts

Monday, October 28, 2013

Realtor open house

I'm inviting all real estate professionals to come to my progressive, realtor lunch this Friday at 11:30 a.m. There will be gift cards and lunch provided. Call me at 214-837-0010 to learn more about this even.

Friday, November 19, 2010

Wednesday, April 21, 2010

Mortgage Rates Fall But Stay Above 5%

McLEAN, Va. – Rates for long-term mortgages dropped this week but still remained above 5 percent, mortgage financier Freddie Mac said Thursday.

The average rate on a 30-year fixed-rate mortgage was 5.07 percent this week, down from 5.21 percent a week earlier, a survey by Freddie Mac said. Last week's average rate for a 30-year fixed mortgage had been the highest since mid-August, when it was 5.29 percent.

Rates had dropped to a record low of 4.71 percent in December, pushed down by a campaign by the Federal Reserve to reduce borrowing costs for consumers. The program ended at the end of March, but the Fed left the door open to reviving the program if the economy weakens.

"After rising for four consecutive weeks, mortgage rates eased back to where they were two weeks ago and still remain historically low," said Frank Nothaft, Freddie Mac's chief economist.

This week, the average rate on a 15-year fixed-rate mortgage was 4.4 percent, down from 4.52 percent last week.

Rates on five-year, adjustable-rate mortgages averaged 4.08 percent, down from 4.25 percent a week earlier. Rates on one-year, adjustable-rate mortgages dipped to 4.13 percent from 4.14 percent.

The rates do not include add-on fees known as points. One point is equal to 1 percent of the total loan amount.

The Associated Press