Wednesday, October 11, 2006
NUEVAMENTE BAJA LA TAZA DE INTERES DE LAS HIPOTECAS DE INTERES FIJO EN 6.30, SU PUNTO MAS BAJO DESDE MARZO DE 2006
MARRERO REAL ESTATE BROKERAGE LLC
JOSE RAUL MARRERO
REAL ESTATE BROKER LIC
UN MARAVILLOSO DIA PARA TODOS
NUEVAMENTE BAJAN LA TAZA DE INTERES HIPOTECARIO. A CONTINUACION EL TEXTO DE LA NOTICIA.
FI WASHINGTON -- Oct. 6, 20067 -- Rates on 30-year mortgages edged down this week to a seven-month low.
Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.30 percent, down slightly from 6.31 percent last week. It put rates at the lowest level since they were at 6.24 percent the first week of March.
Rates have been headed lower for more than two months as financial markets have become convinced that a slowing economy will help ease inflation pressures and that will keep the Federal Reserve from raising interest rates further.
The drop in mortgages has spurred a rebound in mortgage applications, driven in part by homeowners with adjustable rate mortgages who want to refinance to a fixed rate before their current mortgages reset to a higher monthly payment.
"Home refinancing rose 18 percent last week, accounting for almost half of all mortgage applications," said Frank Nothaft, chief economist at Freddie Mac.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, averaged 5.98 percent last week, the same as the previous week. That is the lowest rate for this type of mortgage since March 23.
Rates on one-year adjustable rate mortgages dipped to 5.46 percent, down from 5.47 percent last week.
Rates on five-year adjustable-rate mortgages were unchanged at 6.00 percent.
The mortgage rates do not include add-on fees known as points. For a 30-year mortgage, the nationwide average fee was 0.3 point while the 15-year mortgage carried a fee of 0.4 point. The one-year ARM had a nationwide average fee of 0.7 point and the five-year ARM carried a fee of 0.5 point.
A year ago, 30-year mortgages averaged 5.98 percent, 15-year mortgages stood at 5.54 percent, one-year ARMs were at 4.77 percent and the five-year ARMs were at 5.48 percent.
EN MARRERO REAL ESTATE ESTAMOS PARA APOYARLE EN ALCANZAR SUS SUENOS. LLAME AHORA DIRECTAMENTE AL 787-486-7906 O AL 407 436-5140
TAMBIEN NOS PUEDEN ENVIAR SU CORREO ELECTRONICO A RAULMARREROJR@YAHOO.COM
JOSE RAUL MARRERO
TODOS SOMOS GUERREROS DE LUZ!
JOSE RAUL MARRERO
REAL ESTATE BROKER LIC
UN MARAVILLOSO DIA PARA TODOS
NUEVAMENTE BAJAN LA TAZA DE INTERES HIPOTECARIO. A CONTINUACION EL TEXTO DE LA NOTICIA.
FI WASHINGTON -- Oct. 6, 20067 -- Rates on 30-year mortgages edged down this week to a seven-month low.
Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.30 percent, down slightly from 6.31 percent last week. It put rates at the lowest level since they were at 6.24 percent the first week of March.
Rates have been headed lower for more than two months as financial markets have become convinced that a slowing economy will help ease inflation pressures and that will keep the Federal Reserve from raising interest rates further.
The drop in mortgages has spurred a rebound in mortgage applications, driven in part by homeowners with adjustable rate mortgages who want to refinance to a fixed rate before their current mortgages reset to a higher monthly payment.
"Home refinancing rose 18 percent last week, accounting for almost half of all mortgage applications," said Frank Nothaft, chief economist at Freddie Mac.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, averaged 5.98 percent last week, the same as the previous week. That is the lowest rate for this type of mortgage since March 23.
Rates on one-year adjustable rate mortgages dipped to 5.46 percent, down from 5.47 percent last week.
Rates on five-year adjustable-rate mortgages were unchanged at 6.00 percent.
The mortgage rates do not include add-on fees known as points. For a 30-year mortgage, the nationwide average fee was 0.3 point while the 15-year mortgage carried a fee of 0.4 point. The one-year ARM had a nationwide average fee of 0.7 point and the five-year ARM carried a fee of 0.5 point.
A year ago, 30-year mortgages averaged 5.98 percent, 15-year mortgages stood at 5.54 percent, one-year ARMs were at 4.77 percent and the five-year ARMs were at 5.48 percent.
EN MARRERO REAL ESTATE ESTAMOS PARA APOYARLE EN ALCANZAR SUS SUENOS. LLAME AHORA DIRECTAMENTE AL 787-486-7906 O AL 407 436-5140
TAMBIEN NOS PUEDEN ENVIAR SU CORREO ELECTRONICO A RAULMARREROJR@YAHOO.COM
JOSE RAUL MARRERO
TODOS SOMOS GUERREROS DE LUZ!
