Home Financing

Mortgage Interest Rates Lowered For the First Time in 4 Weeks

Freddie Mac announced the results of its Primary Mortgage Market Survey® showing average fixed mortgage rates moving lower for the first time in four weeks. 

The 30-year fixed-rate mortgage averaged 3.75 percent with an average 0.6 point for the week ending March 5, 2015, down from a year ago at this time, when the average rate was 4.28 percent.

Just in time for the Spring home selling season!

Read more about current average interest rates for other popular mortgage products on Freddie Mac's website.

30-Year-Fixed Mortgage Rates Slide for Second Week in a Row

Mortgage rates continue at historic lows . . . very good for the home buyer!  Did you know that you can borrow $100,000 at 4% amortized over 30 years, and your payment will be less than $480/month?  

Have you been dreaming about resort living?  Love the water, fresh air, mountains, golf, year-round outdoor activities?  It's more affordable in Hot Springs Village than you may think. 

30-Year-Fixed Mortgage Rates Slide for Second Week in a Row - The 30-year fixed mortgage rate on Zillow Mortgages dropped eight percentage points from this time last week, landing at 3.97 percent. The 30-year fixed mortgage rate hovered between 3.96 and 4.08 percent for the majority of the week, before settling at the current rate on Tuesday. “Rates dropped below 4 percent on Thursday amid the […] [Daily Real Estate News]