MORTGAGE RATES DECLINE FOR FIRST TIME IN MANY WEEKS

Mortgage interest rates dipped this week for the first time in more than a month.  So if you are interested in buying a home in the next couple of months, this may be the time to visit your mortgage broker and then start seriously looking for that home.

There are many very motivated home sellers in Palm Beach Gardens, West Palm Beach, Juno Beach Jupiter and North Palm Beach.

Across the nation the 30-year fixed rate morgage averaged 6.69 percent, down from 6.74 percent just a week ago.  In Palm Beach County 3o-year fixed rate mortgages range from 6.50 percent to 7 percent.

The 15-year fixed rate mortgage averaged 6.37 percent, doen from 6.43 percent nationally.  In Palm Beach County the 15-year rixed rate mortgage ranged from 6.13 percent to 6.75 percent.

One-year adjustable rate mortgaged fell to 5.66 percent, down from 5.75 percent last week across the nation.  In Palm Beach County the one-year adjustable rage mortgage ranged from 5.38 percent to 6.75 percent.

With interest rates dipping slightly, it may be just what you are looking for to move forward with a home purchase.

And if you are looking for a new home in Palm Beach County, The Weiss-Clawson Team wants to work with you.  We are an experienced team of Realtors with extensive knowledge of most communities throughout Palm Beach County.  We study market trends and research prices in areas of interest to our clients.  Please contact us. We look forward to working with you.

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