Wednesday, February 22, 2012

Weekly Rate and Real Estate Update, 2.22.12

15yr and 30yr rates down

Rates dropped this week so try to take advantage of the little dips. Refinance, buy or build new now and lock it in for the long haul!
Dan's Activity this week:
Last week's Open House was a success! Seven groups through with 3 or 4 ready, real buyers. The weather sure is cooperating during these “winter”open houses. New listing come on the market Tuesday, February 28th. Another is getting prepped as we speak to go live early April!

I’m registered for a webinar on “Shadow Inventory” this week. 
Don’t know what it is or how it may affect your life…check back next week!

Rates for the week:
From the IBJ: The average rate for 30-year mortgages fell from 4.14 percent to 4.10 percent for the week ended Feb. 15, according to The rate for 15-year mortgages fell from 3.36 percent to 3.35 percent.

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