NORTH DALLAS
REAL
ESTATE
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Current Interest
Rates 2-3-2012
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30 Year Fixed 3.83%
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15 Year Fixed 3.14%
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5/1 Adjustable2.78%
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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/
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.
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http://www.fhfa.gov/Default.aspx?Page=251 |
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Jay A Hendrick
William
Davis Realty
8856 Coleman
Blvd
Frisco, Texas
75034
Cell:
214-336-7088
Voice/Fax: 972-248-5991
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
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