JANNA HELMICK ~ ALLEGIANCE REALTY LLC
"THE BEST MOVE YOU'LL EVER MAKE!"
YOUR SOURCE FOR LAWTON REAL ESTATE
Welcome to Allegiance Realty LLC
In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in Lawton with my New Listings Notification.
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| Whether you are buying or selling a home, hire someone like me, who wants to earn your business. I invite you to contact me as I'd be happy to assist you with this important transaction. In addition, if you have any general questions about buying or selling real estate in Oklahoma, please contact me as I'm more than willing to help.
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HOT TOPICS!
Most Mortage Rates Receed This Week
McLEAN, VA --
The 15-year FRM this week averaged 4.48 percent with an average 0.6 point, down from last week when it averaged 4.54 percent. A year ago at this time, the 15-year FRM averaged 5.40 percent. This is the lowest the 15-year FRM has been since Freddie Mac began tracking it in August 1991.
Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) averaged 4.88 percent this week, with an average 0.6 point, down from last week when it averaged 4.93 percent. A year ago, the 5-year ARM averaged 5.48 percent. This is the lowest the 5-year ARM has been since Freddie Mac began tracking it in January 2005.
One-year Treasury-indexed ARMs averaged 4.91 percent this week with an average 0.7 point, up from last week when it averaged 4.83 percent. At this time last year, the 1-year ARM averaged 5.10 percent.
"Mortgage rates on fixed-rate loans and some ARM products eased this week," said Frank Nothaft, Freddie Mac vice president and chief economist. "The housing industry is starting to exhibit some positive signs, albeit scarce and too early to tell how permanent. In its April 15th regional economic report, the Federal Reserve reported that better-than-expected buyer traffic led to a scattered pickup in home sales in a number of its Districts over the 6-week period ending on April 6th. Factors such as homebuyer tax credits, low mortgage rates, and more affordable prices were cited as leading to more potential buyers. This may have added to the rise in homebuilder confidence in April, which rose to the highest level in six months, according to the National Association of Home Builders. Moreover, confidence increased in each of the four regions, led by the Northeast and Midwest."
April 17, 2009
CONTACT JANNA AT ALLEGIANCEREALTY@SBCGLOBAL.NET
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