Yes, you have heard this from me before --but it is worth saying it again. Rates on 30-year fixed-rate mortgages averaged 3.55 percent for the week ending Sept. 13, unchanged from last week and down from 4.09 percent a year ago according to Freddic Mac. Of course this means that some rates were higher than 3.55 and some were lower than 3.55. For 15 year fixed rate loans, rates were an incredibly low average of 2.85 percent. We know that these rates cannot be sustained forever, and eventually the federal bank will have to move the rates higher. For buyers, this may mean being able to afford less home --and for sellers, this may mean a smaller pool of buyers for your house. It is still feeling like summer in Olympia, Lacey, and Tumwater, but with a little fall in the air, so there's still time to consider buying or selling a home.
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"This is Lance Saunders, and buying a house with Cari was one of the most painless things that i have ever done. I have bought cars that were harder to buy than our new house! i simply told Cari and Kim Harmon with Fairway Mortgage service what I had to work with and they made it happen for me with less than a total of $1000 out of pocket. i would have bought a house a long time ago if i had known how easy it could be with the right people working for you. Thanx again Cari and Kim you ladies are awesome!