MARKET NEWS: Fixed rates rose very slightly in the past week, but
stayed in the same range they have been for almost two months now.
Freddie Mac announced that for the week ending August 7, 30-year fixed
rates rose slightly to 4.14% from 4.12% the week before. The average for
15-year loans ticked up to 3.27%. Adjustables were also stable in the
past week but fell slightly with the average for one-year arm’s easing
to 2.35% and five-year adjustables decreasing marginally to 2.98%. A
year ago 30-year fixed rates were at 4.40%. Attributed to Frank Nothaft,
vice president and chief economist, Freddie Mac --"Rates on home loans
were little changed amid a week of light economic reports. Of the few
releases, the ISM non-manufacturing index rose to 58.7 in July from 56.0
a month earlier. Also, factory orders were up 1.1% in June. The two
reports signal steady economic growth in the third quarter of the year."
Rates indicated do not include fees and points and are provided for
evidence of trends only. They should not be used for comparison
purposes.
My focus is to best
understand the goals and visions of my clients, ensuring all decisions are made
with a wealth of information and the necessary tools for a successful,
rewarding experience.
I have found my “Slice of Heaven” I look
forward to you finding yours!
KathyDecker@exitkingrealty.com
Call Me Today! 941-544-7270
Source: FBC Mortgage, LLC
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My focus is to best understand the goals and visions of my clients, ensuring all decisions are made with a wealth of information and the necessary tools for a successful, rewarding experience.
I have found my “Slice of Heaven” I look forward to you finding yours!
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http://www.sellingsarasotarealestate.com
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"Kathy was awesome as our realtor. I have dealt with many realtors, but none as advanced and hands on with the showings. During the showings she had pointed out the flaws with the homes for us to make an educated decision. She had guided us on the different areas that would best fit our needs. Most realtors are all about the sale, but my experience with her was the exception. She went the extra mile to make sure the home you were looking for met your needs and did not push you into a home that might not be right for you.The response time was incredible, she guaranteed a phone call or answer to any question same day. Her customer service was incredible and would recommend to all of our friends and family. I have dealt with many realtors in my profession but none as as caring, knowledgeable, or efficient as her. Kathy's referrals for the inspector and mortgage process was outstanding. I would not hesitate to look forward to anyone else going forward. Best Regards, Jim Glowniak "
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