Tag Archives: mortgage rates

Mortgage Rates Continue Downward Trend

Mortgage rates for the most popular loans decreased this week as reports of a weakening economic recovery showed a decline in December new home sales. Adding to the drop in averages — for the fourth consecutive week — was another … Continue reading

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Mortgage Rates Dip for Second Consecutive Week

There is good news for those looking to buy a home or have homes for sale in Pasco, Richland, Kennewick and the surrounding Tri Cities areas. Mortgage rates dipped for the second consecutive week, with the most popular loans falling to … Continue reading

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Should You Settle or Wait to Purchase

With mortgage rates and home prices on the rise, you may be asking yourself whether or not you should just settle for purchasing whatever home is available or wait a little longer and risk paying more. Well, it depends on … Continue reading

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FHA set to raise premiums on mortgage insurance

The Federal Housing Administration (FHA) announced on Wednesday, Jan 30th that premiums on most of the new mortgages it insures will be raised by 10 basis points, or 0.1%. The FHA is the largest insurer of low down payment mortgages … Continue reading

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Mortgage Rates Remain at or Near Historic LOWS!!

30-year fixed rate mortgage (FRM) averaged 4.22 percent with an average 0.7 point for the week ending September 1, 2011, matching the previous week when it also averaged 4.22 percent.  Last year at this time, the 30-year FRM averaged 4.32 … Continue reading

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Mortgage Rates

30-Year Fixed-Rate Mortgage is Up Slightly for Second Week 30-year fixed-rate mortgage (FRM) averaged 4.86 percent with an average 0.7 point for the week ending March 31, 2011.  This is up from last week when it averaged 4.81 percent.  At … Continue reading

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Home Buying Tibits…

Here are two home buying tidbits that you may want to consider… 1.  Are you one of 28% of buyers who say they didn’t feel confident in the mortgage deal they got?  Going with the first mortgage deal you get … Continue reading

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