VA Home Loan Mortgage Rates September 30 – Interest Rates Up : Subprime Blogger
VA Home Loan Mortgage Rates September 30 – Interest Rates Up : Subprime Blogger.
Under Mortgages, Website News
US home loan demand at highest since late MayNEW YORK, Sept 23 (Reuters) – U.S. mortgage applications jumped last week to their highest since late May as interest rates tumbled below 5 percent, data from an industry group showed on Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications USMGM=ECI, which includes both purchase and refinance loans, for the week ended Sept 18 increased 12.8 percent to 668.5, the highest level since the week ended May 22. Read the entire article at Reuters.com. The market for homebuyers is improving, especially in the Hampton Roads area. If you’re looking to buy a home for sale in Chesapeake or Virginia Beach, Nancy Chandler Associates is the Virginia real estate agency for you. Call us today at 888.622.7356 and talk to one of our experienced Realtors to learn how you can find the home of your dreams right here in Virginia. Refinance Home Loan RatesRefinance home loan rates are getting very close to all time lows. Mortgage interest rates have been below 5% for almost a full week now and it is quite possible that we are going to see rates drop below 4.9%. This would be the first time we have seen mortgage rates this low since May of 2009. The all time low for the 30 year fixed mortgage rate is right at 4.75%. It will be very interesting to see if we can get close to these levels. Read more from SubPrimeBlogger.com. For assistance on home loans and refinancing in the Norfolk and Virginia Beach area, contact Nancy Chandler Associates today at 888.622.7356. |
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