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Today, April 30th, is the Deadline! Under the American Recovery & Reinvestment Act of 2009, if anyone, as a "first time home buyer" or a "move-up buyer", seeks to qualify for a credit of up to $8000. ("first time home buyer") or $6500 ("move-up buyer"), you will need to have a "ratified contract" in place by tonight before 12pm....
See Other Details (IRS publication)
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 5.08%
15 Year Fixed Interest Rate = 4.38%
1 Year Adjustable Rate Mortgage = 7.03%
Source: Mortgage Bankers Association (MBA)
The level of refinance activity was reported to be at 55.7 %
of the total activity for the weekly survey. The level of
refinance activity for week ending April 16th was 60.0 %.
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 5.04%
15 Year Fixed Interest Rate = 4.34%
1 Year Adjustable Rate Mortgage = 6.95%
Source: Mortgage Bankers Association (MBA)
The level of refinance activity was reported to be at 60.0 %
of the total activity for the weekly survey. The level of
refinance activity for week ending April 9th was 58.9 %.
Historic Garden Week in Virginia opens today, Saturday, April 17th.
Don't miss seeing some of the Old Dominion's best gardens and homes. It lasts 7 days.
Westover (picture) is on the tour.
Printed under license from SeminarsAndSystems.com. Copyright.
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 5.17%
15 Year Fixed Interest Rate = 4.45%
1 Year Adjustable Rate Mortgage = 7.02%
Source: Mortgage Bankers Association (MBA)
The level of refinance activity was reported to be at 58.9%
of the total activity for the weekly survey. The level of
refinance activity for week ending April 2nd was 58.7%.
The Mortgage Bankers Association (MBA) announced their most current data (averages for contract interest rates):
30 Year Fixed Interest Rate = 5.31%
15 Year Fixed Interest Rate = 4.54%
1 Year Adjustable Rate Mortgage = 7.03%
Source: Mortgage Bankers Association (MBA)
The level of refinance activity was reported to be at 58.7%
of the total activity for the weekly survey. The level of
refinance activity for week ending March 26th was 63.2.0%.
