Teton Realty Today

Tag Archives: Interest rates

JH banker: Home loan rates will rise

February 17, 2010 – 10:28 am

We’ve been hearing for a good solid six months now that interest rates for home mortgages are about to rise. Any day now. No doubt about it. Yet they have remained at approximately 4.875 percent for a conforming 30-year, fixed-rate loan since late last year. Are they about to rise? Don’t ask me, I’m just [...]

By Brian Siegfried | Posted in Uncategorized | Also tagged , | Comments (1)

JH banker: Interest rates to rise

December 29, 2009 – 9:40 am

Jackson Hole banker Richard Uhl, real estate loan manager for First Interstate Bank, says home loan rates have been gradually increasing in recent weeks. “We are currently at 5.25 percent on a “Conforming” 30-year fixed rate loan.  The 30-year fixed Fannie Mae required net yield (wholesale price to lenders) is at the highest level since [...]

By Brian Siegfried | Posted in Local news, Market statistics | Also tagged | Comments (0)

West lags nationwide sales uptick

December 1, 2009 – 11:27 am

Two national real estate stories caught my eye this morning. The first is from Realty Times and the second from RIS Media. Both tout the nationwide rise in October sales, which mirrors the strong October sales numbers for Teton County reported here last week. Both also make sure to give most of the credit to [...]

By Brian Siegfried | Posted in Market statistics | Also tagged , , | Comments (0)

Interest rates remain near record lows

November 23, 2009 – 10:42 am

Freddie Mac reported on Thursday that 30-year fixed interest rates for mortgages remain below 5 percent (4.91). This is good news for buyers, of course, potentially saving them thousands in lower monthly payments over the course of the loan. This article in Realty Times has the comprehensive quote: “Interest rate on 30-year fixed-rate mortgage loans [...]

By Brian Siegfried | Posted in Market statistics | Also tagged , , | Comments (0)