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Tag Archives: mortgage rates

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  2. Entries tagged with "mortgage rates"

Mortgage Rates May Have Hit Bottom

NewsBy Starr Custom HomesDecember 29, 2010Leave a comment

About two weeks ago we published a Newsfeed post about mortgage interest rates nearing the bottom — meaning the only place they can go is up.  While the rates are still at historical lows, waiting to make that building decision for several months could result in a higher interest rate, which lessens your buying power. …

Borrowers wait for lower mortgage rates and lose

NewsBy Starr Custom HomesDecember 14, 2010Leave a comment

Rates are still historically low — but they are beginning to tick upward.  Don’t lose out on the opportunity to leverage these rates into buying power.  Contact Dreambuilder Custom Homes today and begin building your dream home here in northeast Florida.  We are ready to help you with lot purchase, financing, designing and building —…

Mortgage rates climb in latest survey

NewsBy Starr Custom HomesDecember 13, 2010Leave a comment

From interest.com:  Interest.com’s weekly survey of major lenders, taken Dec. 8, found the average interest rate for a: 30-year, fixed-rate loan rose to 4.89%, from 4.71% last week. Last year, it was 5.04%. 15-year, fixed-rate loan rose to 4.26% from 4.07%. A year ago, it was 4.47%. 30-year, jumbo loan (for mortgages exceeding $417,000 to…

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…

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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