Las Vegas Homes, Condos, Land and Commercial Real Estate Blog

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Entries Tagged as 'fixed rate'

An excellent post in our Las Vegas Real Estate Forum about understanding mortgage rates as it relates to current real estate by John Le Francois

July 15th, 2008 · No Comments · Las Vegas Real Estate

   I have admittedly ignored the third and in my opinion the best part of Las Vegas Homes, condos, land and commercial real estate and that is the Las Vegas real estate forum. The reason is lack of time and that it needed to be updated to function properly. But the forum is updated now and [...]

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Mortgage rates are lowest since 2004 as Fed cuts rates by 1.25% in eight days

January 30th, 2008 · No Comments · Las Vegas condos, Las Vegas homes, Las Vegas Real Estate

According to Freddie Mac’s survey last week, the average rate for a 30-year fixed mortgage was 5.48%. This is one of the lowest rates since 2004. Furthermore the Fed has cut rates by 1.25 percentage points in eight days, and has lowered the target for the federal funds rate to 3%. It is possible that [...]

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