Seasonal Report
The York River at dusk.
Sunday May 10, 2010 - Mother's Day
Happy Mother's Day!
Wow, the market has surely picked up. Spring is traditionally a very busy time of year in the York real estate market, but this spring so far is incredibly busy. Apparently many of the people who have been on the side lines watching are now becoming active. Some of the recent activity has certainly been spurred on by the past home buyers credits, even now with that expired, the local market is quite active.
Mortgage Rate Update 5/7/10
According to Key Bank , Great news!! Rates have come down over the past week!
All rates assume the best case scenario for the borrower and each is a zero point option.30 year fixed is at 5.125% with 5.231% APR 15 year fixed is at 4.42% with 4.597% APR FHA 30 year fixed is at 5% with 5.481% APR
I encourage you to contact your local lender and Realtor with questions if you are thinking of buying or selling property....
Enjoy, Cindy
View past seasonal reports.