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Entries Tagged as 'Mortgage Rates'

Real Estate News You Can Use

September 25th, 2017 · No Comments · California Real Estate, Montecito Homes For Sale, Santa Barbara Homes For Sale, Santa Barbara Real Estate

MODEST HOME SALES, PRICE GAINS EXPECTED NEXT YEAR The national housing inventory crunch is not expected to ease in the coming year, though more new homes should help spur a slight uptick in sales. In its 2018 Outlook, Freddie Mac projects 6.30 million home sales in 2018, up from an expected 6.18 million this year, […]

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Mortgage Rates Continue To Dip

August 18th, 2017 · No Comments · Mortgage Information, Santa Barbara Real Estate

Over the past week, mortgage rates dropped to 3.89%, a drop of just one basis point (0.01%) from the previous week. That sort of decrease is so small that some home buyers aren’t going to notice any type of difference in rates in their area. The good news is that mortgage rates aren’t rising. For […]

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Mortgage Rates Rise Slightly

August 5th, 2017 · No Comments · Mortgage Information, Santa Barbara Real Estate

Expectations for the economy are improving, and GDP is expected to rise by a healthy amount this quarter.  However, fears still remain, and this has kept mortgage rates relatively flat. Over the past week, mortgage rates increased to 3.93%. This is an increase of just one basis point (0.01%) from the previous week, so it’s […]

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Mortgage Rates Climb to 2017 High

March 15th, 2017 · No Comments · Hope Ranch Real Estate, Montecito Real Estate, Santa Barbara Real Estate

Mortgage rates climb to 2017 high. Rates have hit their highest point so far this year, although one analyst predicts that even signifcant gains in the years ahead won’t likely slow down the housing market. Freddie Mac says that 30-year, fixed-rate mortgages averaged 4.21 percent for the week ended  March 9, up on both a […]

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Mortgage Rates Lowest in 40 Years

September 26th, 2016 · No Comments · Hope Ranch Realtors, Montecito Realtors, Mortgage Information, Santa Barbara Realtors

Afternoon Contrast at Butterfly by local artist Chris Potter This year’s mortgage rates are the lowest in more than 40 years. Some analyst predict that the Federal Reserve will raise interest rates later this year, but they should still be at their lowest levels since many of today’s homebuyers were born.  That’s according to Freddie […]

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