There are a lot of reasons why owning is better than renting, here are a few reasons comparing the cost of not owning a home:1- The Price is so CloseRenters are facing increases everyday. With
Secure Those Mortgage Rates Now
According to Freddie Mac, home buyers and refinancers may want to lock in their rates now. Fixed-rate mortgages inched higher for the second consecutive week amid a stronger employment report, according to Freddie Mac's weekly mortgage market survey.
Freddie Mac reports the following national averages with mortgage rates for the week ending Feb. 19:
30-year fixed-rate mortgages: averaged 3.76 percent, with an average 0.6 point, rising from last week’s 3.69 percent average. Last year at this time, 30-year rates averaged 4.33 percent.
15-year fixed-rate mortgages: averaged 3.05 percent, with an average 0.6 point, increasing from last week’s 2.99 percent average. A year ago, 15-year rates averaged 3.35 percent.
5-year hybrid adjustable-rate mortgages: averaged 2.97 percent, with an average 0.5 point, holding the same from last week. A year ago, 5-year ARMs averaged 3.08 percent.
1-year ARMs: averaged 2.45 percent, with an average 0.4 point, rising from last week’s 2.42 percent. A year ago, 1-year ARMs averaged 2.57 percent.
Contact one of our lending partners or your preferred lender for the most up-to-date information as market rates fluctuate.
Leah, an Arizona native, decided to make the beautiful Pacific Northwest her home in the winter of 2011 after attending a wedding in Woodland and falling in love with the locals and lush surroundings.....
Latest Blog Posts
Located in Longview, WA. Built in 2000, This sprawling & spacious home backs to a green space with wildlife and trees for a peaceful retreat! At 3604 sq. ft. This beautiful 5 bedroom, Daylight Ranch