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Tag Archives: interest rates

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  2. Entries tagged with "interest rates"

95% of borrowers go for fixed rates

NewsBy Starr Custom HomesNovember 17, 2010Leave a comment

Certainly this is no surprise — given how low rates are, locking in at a fixed rate is the best move.  Terms are even more favorable for 15 or 20 year terms.  Dreambuilder can help you get started today! WASHINGTON – Nov. 16, 2010 – Ninety-five percent of U.S. borrowers in the third quarter chose…

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Record-Low Mortgage Rates Will Be Gone in 2011: MBA

NewsBy Starr Custom HomesNovember 5, 2010Leave a comment

With rates at record lows, eventually the only place they can go is up!  Now is the best time to build your dream home with Dreambuilder Custom Homes.  Your purchasing power is at an all-time high, meaning you can invest in the special amenties and extra space that will make your home complete.  We have…

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Jumbo loans plunge to record lows, too

NewsBy Starr Custom HomesNovember 2, 2010Leave a comment

Dreambuilder Custom Homes regularly keeps you updated on current mortgage rates.  These rates apply to homes valued at the government limit of $417,000.  If your loan is higher than this, it is considered in the ‘jumbo’ category and the rate is somewhat higher.  The good news is that these rates have plummeted along with all…

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Mortgage Rate Hits Record Low, 4.27%

NewsBy Starr Custom HomesOctober 12, 2010Leave a comment

By Matt Jarzemsky, Wall Street Journal Average mortgage rates in the U.S. continued their fall in the past week, with the average rates on 30-year fixed and two other loans setting a record low, Freddie Mac said Thursday. Rates have slumped for months because Treasury yields have slid amid to economic uncertainty and Federal Reserve…

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Average mortgage rate rises to 4.37%

NewsBy Starr Custom HomesSeptember 18, 2010Leave a comment

Though rates ticked up, they are still at HISTORICAL lows.  Now is the time to build your dream home!  At these rates, clients would have the same payment but be able to finance 20% more than another mortgage at 6% (which is still a relatively low rate).  In other words, a $300,000 mortgage at 6% and…

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