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 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.
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