![]() |
|
|
Homes are more affordable now than anytime in the past 20 years, according to the National Association of Home Builders Housing Opportunity Index. The index measures the percentage of homes affordable to a family making the national median income of $64,200. During the fourth quarter of last year, more than 75 percent of all the new and existing homes sold nationwide were affordable, the highest percentage in the index’s 20-year history. Barry Rutenberg, chairman of the National Association of Home Builders, said that report indicates that homeownership is within the reach of more households than it has been for more than two decades.
![]() |
|
|
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage applications decreased 4.5 percent last week from the week before. Despite the decline, the Market Composite Index, which measures mortgage applications volume, is relatively flat over the past four weeks due to previous spikes in purchase and refinance activity. Last week, both the Refinance and Purchase Index were down, primarily due to a slight uptick in mortgage rates. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances moved to 4.09 percent from 4.08 percent the previous week. The average rate for 30-year jumbo loans increased to 4.32 percent.
![]() |
|
|
If your interest rate is 4.75% or higher you are wasting money every day you let go by that you don't call me. Call for a no cost, no obligation mortgage check up. I'll need 5 minutes of your time over the phone to gather some information to show you how much money I can save you. Rates are at all time lows, so what are you waiting for? You can also apply online by clicking the below link. Have a great day and I look forward to the opportunity to help save you money!
http://www.theanswerisclear.com/MLO/rmagee/
Thanks,
![]() |
|
|
If your interest rate is 4.75% or higher you are wasting money every day you let go by that you don't call me. Call for a no cost, no obligation mortgage check up. I'll need 5 minutes of your time over the phone to gather some information to show you how much money I can save you. Rates are at all time lows, so what are you waiting for? You can also apply online by clicking the below link. Have a great day and I look forward to the opportunity to help save you money!
http://www.theanswerisclear.com/MLO/rmagee/
Thanks,
![]() |
|
|
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved