Here are the national averages for mortgage rates for the week ending May 16:
30-year fixed-rate mortgages averaged 3.51 percent, with an average 0.7 point, increasing from last week's 3.42 percent average. A year ago at this time, 30-year rates averaged 3.79 percent.
15-year fixed-rate mortgages averaged 2.69 percent, with an average 0.7 point, rising from last week's 2.61 percent average. Last year at this time, 15-year rates averaged 3.04 percent.
5-year adjustable-rate mortgages averaged 2.62 percent, with an average 0.5 point, rising from last week's 2.58 percent average. Last year at this time, 5-year ARMs averaged 2.83 percent.
1-year ARMs averaged 2.55 percent, with an average 0.4 point, rising from last week's 2.53 percent average. A year ago at this time, 1-year ARMs averaged 2.78 percent.
Last Updated on Friday, 17 May 2013 07:14
Last Updated on Friday, 17 May 2013 06:59
Spring floods, summer droughts and temperature extremes take their toll on gardens and the gardeners who tend them. Help your gardens recover from the crazy temperature and moisture extremes that seem to occur each year.
Last Updated on Friday, 17 May 2013 06:58
The natural cedar sided two-story home is welcoming and warm from the first glance. As you pull into the circular driveway and walk up the vintage brick pavers toward the special keyless entry front door and into the foyer, the ambiance will bring a smile to your face right away.
Last Updated on Thursday, 16 May 2013 22:07
If you have ever had the experience of returning to an old "stomping ground" after a significant time away, you can appreciate the experience I had this past week. After spending considerable time away from where I used to call "home," I returned for a visit. While I'm content and excited about my new location, the familiar surroundings and faces that met me on this last visit were a very welcome sight. While new friends, new clients, new scenery and even new mountains are exciting and filled with new potential adventures, it is always nice to come "home."
Last Updated on Thursday, 16 May 2013 22:04
- Realtors say homeownership tax policies must be preserved
- Study reveals a shift in buzzwords for real estate listings
- Builders growing more and more optimistic about 55-plus housing market
- Spring McKenney joins Coldwell Banker Wright Realty
- Home of the Week: At the top of Birch Hill
- Jason Robie: For just a little more...