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Entries Tagged as 'Mortgage Rates'

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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