Michele Bilow reviews

Find an Agent


view all

Find a Listing


Quick Search


view all


Any

Any

No Min.

No Max.
EXIT Central Realty

Dover Location:
598 N. DuPont Hwy
Dover, DE 19901
Phone: 302.674.2900

Milford Location:
615 N. DuPont Blvd
MIlford, DE 19963
Phone: 302.424.8221

Email: Info@DelawareListed.com

Blog: Mortgage Rates

Mortgage Rate - Recent LOW

Just when you thought the recession had kicked the housing markets butt. . . . . you get a glimmer of real estate hope! Mortgage rates are at a 3 Year LOW! For the second week in a row mortgage rates are at their lowest since May 2013! Want even more good news??? Not saying we can predict the future but we are certainly HOPING for this trend to continue. Check out the chart below from Realtor.com for more mortgage rates.

Freddie Mac reports the following national averages with mortgage rates for the week ending June 16:

  • 30-year fixed-rate mortgages: averaged 3.54 percent, with an average 0.5 point, falling from last week’s 3.60 percent average. Last year at this time, 30-year rates averaged 4 percent.
  • 15-year fixed-rate mortgages: averaged 2.81 percent, with an average 0.5 point, dropping from last week’s 2.87 percent average. A year ago, 15-year rates averaged 3.23 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 2.74 percent, with an average 0.5 point, down from last week’s 2.82 percent average. A year ago, 5-year ARMs averaged 3 

Click here to read the whole article yourself!

Mortgage Rate Whoa!

Did you know. . .

 

Interest rates have dropped on average approximately 0.5 point across the board since last week.

 

30 year fixed rate mortgages are at the lowest they have been, 3.73 percent, since May 23, 2013.

 

Want to read more on this interesting topic?

Follow the link below & get even more great information regarding recent mortgage rates!

 

http://realtormag.realtor.org/daily-news/2015/01/09/mortgage-rates-kick-2015-20-month-low?om_rid=AAAmAy&om_mid=_BUsDpMB8$tcdad&om_ntype=RMODaily

EXIT Central & Preferred Realty Branch Offices 

Dover, DE Milford, DE Cecil County, MD Baltimore County, MD Harford County, MD Ann Arundel County, MD
EXIT Central Realty EXIT Central Realty EXIT Preferred Realty EXIT Preferred Realty EXIT Preferred Realty EXIT Preferred Realty
302.674.2900 302.424.8221 410.670.9100 410.670.9100 410.670.9100 410.768.0600
598 N. DuPont Hwy 615 N. DuPont Blvd 2615 Augustine Herman Hwy 8839 Belair Rd 2105 Laurel Bush Rd, #110 7164 E. Furnace Branch Rd, Ste D
Dover, DE 19901 Milford, DE 19963 Chesapeake City, MD 21915 Baltimore, MD 21236 Bel Air, MD 21015 Glen Burnie, MD 21060
www.DelawareListed.com www.DelawareListed.com www.ExitChesapeakeBay.com www.ExitPreferred.net www.ExitPreferred.net www.ExitPreferred.net

Equal Housing OpportunityMLS membershipREALTOR® certification

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu