30-Year Commitment Rate
|Fees & Points||Average Conventional
15-Year Commitment Rate
|Fees & Points|
Rates are below 5% again. Perfect for the start of the Spring Market. Lock in rates now and save hundreds when you close.
- “Fixed mortgage rates eased again this holiday week amid mixed inflation data reports. Although the core consumer price index for January rose slightly above the market consensus, house prices fell 4.1 percent in the fourth quarter of 2010 compared to the same period in 2009, according to the S&P/Case-Shiller® National Index. In addition, the level of the index was the lowest since the fourth quarter of 2002.
- “Low mortgage rates and home prices are sustaining affordability in the housing market. Existing home sales rose for the third consecutive month in January and were at the strongest pace in eight months, the National Association of Realtors® reported; only the Northeast region experienced a slowdown in sales.”
There are some great homes to tour this Sunday. The sun will be shining, the temperatures will be in the mid-50s, all making for a great day to check out open houses at the Jersey Shore. Enjoy your weekend!
Not-to-be-missed Open Houses