Rates on Mortgages fall to the lowest level on record

Rates on 30 Year Fixed Mortgages fall to 4.69%, the lowest level on record, Freddie Mac says.

WASHINGTON (AP) -- Mortgage rates fell this week to the lowest level on record, giving consumer's added incentive to lock in low payments for home purchases and refinanced loans.
The average rate for 30 Year Fixed loan sank to 4.69%, from 4.75% last week, Mortgage Company Freddie Mac said Thursday. That's the lowest point since Freddie Mac began tracking rates in 1971. The previous record of 4.71% was set in December 2009.
15 Year Fixed Rate mortgages fell to an average of 4.13%. That was the lowest on record dating back to September 1991. It was down from 4.20% a week earlier.

Weir Canyon Market Update

The Inventory of Homes is Rising in the Weir Canyon area of Anaheim Hills, mostly with new Short Sale Listings.

There are 49 Houses Now on the market

18 of these are Short Sales

1 of these is Bank Owned

Click on the Chart Below to Enlarge

Weir Canyon Market Update

There are now 44 Single Family Homes listed for Sale in the Weir Canyon area of Anaheim Hills

12 of these are Short Sales

1 is Bank Owned

The average Days on Market for these 44 homes is 65 days

Call us for more details or a neighborhood update

You can click on the Chart to Enlarge