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Archive for January, 2008

Once again mortgage rates are hitting near historical lows and those in the market to buy real estate are reaping the benefits.  These rates were posted by Associated Bank on 1/14/08:
30 year fixed      5.625%
20 year fixed      5.625%
15 year fixed      5.125%
3 year Arm          4.69%
5 year ARM         5.09%
7 year ARM         5.35%
(Based on $100,000 minimum loan, credit [...]

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The Real Estate Market rallied in December to help finish the year with a modest 4% decline in the number of homes sold.  The rally was spurred by the continued decline of long term mortgage interest rates and a strong local economy.  The average and median home sale price remained at levels consistent with 2006 [...]

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