Teays Valley, Cross Lanes, Charleston WV Homes for Sale

Friday Financial: Charleston WV Homes just got slightly more expensive.

Charleston WV homes just got slightly more expensive due to an increase in the mortgage interest rate. According to Freddie Mac's Primary Mortgage Market Survey on October 13, 2011, Arrow on graph pointing up

The average 30 year fixed went from below 4% to 4.12%. The 15 year fixed jumped less than 10 points to 3.37%.

The change in interest rates will have added an additional $966.60 at the end of a 15 year loan. While the increase only adds $5.37 each month, if this is an upward trend, the cost will only continue to climb higher and higher as well.

Like they say, there is no time like the present to buy a Charleston, WV home.

The rates quoted are an average of the rates locked in. Your individual rate may vary due to credit score or other factors. Please speak to a Charleston, WV mortgage broker or lending professional.

If you need a Charleston, WV home to go along with these great interest rates, then give me a call! I am a REALTOR in the Charleston, WV and surrounding areas market.

You can call or text me at (304) 741 4705

 

 

Image: renjith krishnan / FreeDigitalPhotos.net

Dale Samples is a REALTOR serving the Charleston, Teays Valley, Cross Lanes, West Virginia market. If you are looking to buy or sell a home, contact me today!

You can call/text (304) 741-4705.

  twitter

Search Charleston / Teays Valley WV Houses & Real Estate Listings For Sale

Thinking about buying or selling a home in Teays Valley / Cross Lanes / Charleston, WV? Then you may be interested in reading these:

What are the markets doing? Read my monthly market reports.

Home Pro Realty, LLC. - Betty Whiteley, Broker of Record.

0 commentsDale Samples • October 14 2011 01:32PM
Friday Financial: Charleston WV Homes just got slightly more…
share
Charleston WV homes just got slightly more expensive due to an increase in the mortgage interest rate. According to Freddie Mac's Primary Mortgage Market Survey on October 13, 2011, The average 30 year fixed went from below 4% to 4. 12%. The 15… more