by Best Flagstaff Homes Realty | Jan 30, 2014 | Real Estate News
The average rate for a 30-year fixed-rate mortgage fell to 4.32% in the week that ended Jan. 30, hitting the lowest level since late November; down from 4.39% in the prior week, according to a Thursday report from federally-controlled mortgage buyer. The rate fell as... by Best Flagstaff Homes Realty | Jan 9, 2014 | National Market News, Real Estate News
While you have been enjoying the holiday season, mortgage rates have been climbing The average rate for a 30-year fixed rate mortgage climbed nearly 40 basis points, from 4.1% to 4.53%, from the beginning of November through the first week in January. Rates are... by Best Flagstaff Homes Realty | Oct 24, 2013 | National Market News, Real Estate News
If you missed the boat earlier, now may be the time refinance. It’s the old story, what’s good news for the economy is not good for interest rates and what’s bad news for the economy is good for rates. The American economy has taken a few blows in... by Best Flagstaff Homes Realty | Jun 28, 2013 | Home Buyer Advice
Housing analysts say the market has done just fine under harsher conditions. Mortgage rates have shot up to a two-year high, but don’t be too quick to assume this will scare away home buyers. Once in the 1980s, I bought a house with a mortgage rate over 14%. If...