Mortgage Rate Update
April 9th, 2012 Freddie Mac’s official release last week shows mortgage rates holding steady. The 30-year fixed rate mortgage averaged 3.98% (with an average 0.7 points) which is down fractionally from 3.99% the week prior and still substantially lower than this time last year when the FRM averaged 4.87%. The 15-year FRM settled at 3.21% (0.7 points) on average, while 5-year ARMs were at 2.86% (0.8 points on average). Financing is still exceptionally cheap and as we begun a slow recovery these rates will continue to help bolster sales.
Stephen has made real estate his full-time career and passion since 2008, primarily specializing in the Foothills & the Northwest Tucson areas of Oro Valley and Marana. He is a multi-million dollar producer, representing both sellers & buyers. Stephen has tremendous experience in new home sales, listing & selling primary residences, listing & selling vacant land, listing & selling luxury homes, investment properties, rentals, and real estate development parcels.
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Client Testimonials"I feel that Angela went above and beyond in helping us get this property sold. She was able to answer my unending questions and helped immensely with the repairs after inspection while I was far away and at times out of the country. She gave us great feedback on the property before and while it was listed." -Lynda View More Testimonials
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