Real Estate Westlake, Elyria, Avon, Ridgeville, OH

30-year fixed-rate mortgages hit a new record low  The weekly mortgage rate reports released Thursday indicate 30-year fixed-rate mortgages hit a new record low.Examples of monthly payments:Assuming 20% down and 30 Year mortgage at 4.375% interest rate (APR 4.551%)  as provided by Russell’s preferred lender American Midwest ...

Have Interest Rates Bottomed and Now Going Up! According to the weekly Rate Trend Index from Bankrate,   rates have bottomed. 62% of the expert panelists expect mortgage rates to remain unchanged over the next seven days. While 38 % believe rates will increase in the coming week. (DSNews 6/3/10)The time to buy is now!    Get ...

Mortgage Rates  Lowered this week…5/28/10 Home buyers are excited to learn mortgage rates dropped again this week to near-record lows. This means lower monthly payments or ability to afford higher price home. According to Freddie Mac, interest on 30 year fixed loans averaged 4.78 percent compared to 4.84 percent last week, while the ...