NORTH DALLAS REAL ESTATE

	Current Interest Rates 2-3-2012 30 Year Fixed 3.83% 15 Year Fixed 3.14% 5/1 Adjustable2.78%
Wells Fargo Current Mortgage Rates http://mortgage.chase.com/alt/altdel/CurrentRates.jsp http://www.bankrate.com/ http://www.texasmortgage.com/rates.html http://www.mortgageloan.com/Rates/Texas/Dallas/     Calculate Your Total Interest Paid   WHERE WILL INTEREST RATES GO FROM HERE?   Mortgage rates have been strategically held down to historically low levels in an attempt to stabilize the housing market; hoping the low rates would entice potential home buyers to jump in and buy now creating an avenue to bolster sales and spark the economy. Mortgage rates fell below 5% when, in 2008, the central bank began buying up privately held mortgage-related bonds thus becoming the largest buyer of mortgage-backed securities; but economist fear that with the exit of the Fed’s buying power, mortgage interest rates would begin to spike up dramatically putting pressure back on the housing market. If alternative investors do not replace the Fed in the mortgage markets, keeping rates at their current level will be improbable.   To further the economic and housing  recovery, it is the Fed’s desire to keep interest rate down to an attractive level for homeowners, but if investors are not willing to buy the mortgage backed bonds at their current rate of return, mortgage rates will inevitably rise once again in an attempt to attract new money.
http://www.fhfa.gov/Default.aspx?Page=251

Jay A Hendrick
William Davis Realty

8856 Coleman Blvd

Frisco, Texas 75034
Cell: 214-336-7088
Voice/Fax: 972-248-5991
E-mail: jay@realestatedal.com

Website: www.RealEstateDal.com

Website: www.ForeclosuresFrisco.com
Member:  NAR  TAR  CCAR  ABR  SFR  TAHS

Realtor®

BUY A HOUSE | SELL A HOUSE | FRISCO REALTOR

 Frisco TX | Plano TX | Allen TX | Carrollton TX | Wylie TX | Sachse TX | Murphy TX |  McKinney TX | North Dallas TX

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We serve Allen, McKinney, Prosper, Frisco, Plano, Lewisville, The Colony, Sachse, Wylie, Murphy, Richardson, Carrollton, Flower Mound, Coppell, along with many other areas around DFW.

Frisco foreclosures offer a tremendous amount of value and can save the buyer thousands.

           NORTH DALLAS REAL ESTATE AGENTS