Friday, July 6, 2007

Mortgage rates have stalled this week

Mortgage rates have stalled as anxiety about inflation has eased. The benchmark 30-year fixed-rate mortgage remained at 6.74 percent, according to the Bankrate.com national survey of large lenders. Read more from BankRate.com:

http://www.bankrate.com/brm/news/mtga/july0507_mortgage_analysisa1.asp

Keep in touch with your mortgage lender. If you need a lender, contact me and I'll be happy to share those I recommend in the central Virginia area.

Any thoughts on the rates stalling? Please post a comment. I'd love to hear what you think.

This week's Featured Home - Downtown Charlottesville, Almost New

Almost New Home
in Downtown Charlottesville
$284,900
(Reduced $14,000!)

- Gorgeous gourmet kitchen
- 2 Porches on front
- Deck to rear
- 3 Bedrooms
- 2.5 baths
- Bamboo floors on first floor
- Convenient to UVA, the Downtown Mall, I-64

Please email (kehoe@move2va.com) or call me (434) 980-2860 to learn more about this fabulous home or any other homes in the central Virginia area.