Mortgage Rates Stay Below 5%
According to Freddie Mac, mortgage interest rates are below 5% and are averaging at 4.8%. A year ago these rates were close to 6.46%.
Compare your current rate with market to make sure you are not overpaying.
This blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies is brought to you by SimplifyEm Pay Rent Online and Property Management Software|
It looks like you're new here, cool beans!
Check out our feed, or subscribe to get email updates. By the way, what do you think about our Property Management Software? |
You might also want to read:
- 2010 Cooperatives Rental Property Tax Tips for Landlords, Real Estate Investors If you live in a cooperative, you do not own your apartment. Instead, a corporation owns the apartments and you are a tenant-stockholder in the cooperative housing corporation. If you rent your apartment to others, you usually can deduct, as a rental expense, all the maintenance fees you pay to......
- 2010 Condo Rental Property Tax Deduction Tips for Landlords, Real Estate Investors A condominium is most often a dwelling unit in a multi-unit building, but can also take other forms, such as a townhouse or garden apartment. If you own a condominium, you also own a share of the common elements, such as land, lobbies, elevators, and service areas. You and the......
- Are sub-5% Mortgage Loans Disappearing Soon? Is it Time to Buy or Refinance Now For nearly two months, homebuyers with good credit who can make a 20% down payment have enjoyed 30-year mortgage rates below 5%. However, as signs of an improving economy increase, the yield on bonds has been edging higher and pulling home-lending rates along as well. Is the end of the......
- Real Estate: Borrowers rush in as Feds keep mortgage rates low The home mortgage market, propped up by more than $1 trillion in government money, is flashing a strong “buy” sign to house hunters. Fed last week committed to keeping the rates low as they do not completely see that mortgage lending blockage has been cleared. Feds continue to be the......
- Residential Mortgage lenders riding increased refinancing wave Spurred by historically low interest rates and the Federal Reserve Bank purchasing $1.25 trillion in mortgage-backed securities, the number of refinances in America is expected to more than double in 2009 compared to 2008. This spring, mortgage rates hovered just below 5 percent, and that’s prompted three times as many......


