Mortgage Rate Update

Interest Rate Update

National Averages 30-Yr FRM 15-Yr FRM 5/1-Yr ARM 1-Yr ARM Average Rates 4.32% 3.37% 3.07% 2.63% Change (from prior week) -0.18% -0.17% - 0.04% - 0.02% Fees & Points 0.7 0.7 0.5 0.4 Margin N/A N/A 2.75 2.76  Regional Averages (West) 30-Yr FRM 15-Yr FRM 5/1-Yr ARM 1-Yr ARM Average Rates 4.27% 3.31% 2.97% 2.50% Change (from prior week) - 0.19% -0.17% + 0.02% -----% Fees & Points 0.8 0.7 0.6 0.4 Margin N/A N/A 2.74 2.75

Interest Rate Update

National Averages 30-Yr FRM 15-Yr FRM 5/1-Yr ARM 1-Yr ARM Average Rates 4.50% 3.54% 3.11% 2.65% Change (from prior week) -0.07% -0.05% - 0.11% - 0.02% Fees & Points 0.7 0.7 0.5 0.4 Margin N/A N/A 2.74 2.75  Regional Averages (West) 30-Yr FRM 15-Yr FRM 5/1-Yr ARM 1-Yr ARM Average Rates 4.46% 3.48% 2.95% 2.50% Change (from prior week) - 0.07% -0.07% - 0.21% - 0.03% Fees & Points 0.7 0.7 0.6 0.4 Margin N/A N/A 2.74 2.75

Interest Rate Update

National Averages 30-Yr FRM 15-Yr FRM 5/1-Yr ARM 1-Yr ARM Average Rates 4.57% 3.59% 3.28% 2.71% Change (from prior week) + 0.06% + 0.05% + 0.04% + 0.07% Fees & Points 0.7 0.7 0.5 0.5 Margin N/A N/A 2.75 2.77 Regional Averages (West) 30-Yr FRM 15-Yr FRM 5/1-Yr ARM 1-Yr ARM Average Rates 4.55% 3.55% 3.20% 2.60% Change (from prior week) + 0.06% + 0.04% + 0.09% + 0.10% Fees & Points 0.7 0.7 0.6 0.4 Margin N/A N/A 2.75 2.75

Interest Rate Update

Interest Rate Update

Interest Rate Update

Interest Rate Update

Rent vs. Buy

Food for thought for those buyers wondering if now is a good time to get off the fence and purchase a home:


30 Year FHLMC Rates On 30-Year Fixed-Rate Mortgage Chart


200 Year Historical Rates On 30-Year Fixed-Rate Mortgage Chart


Rent vs. Buy Index Chart


Home Price vs. Payment Chart


Now call me to discuss your next steps!