Welcome to the RWhalenHomes.com Blog

2016-11-23 10:32:28
Holiday Weekend Rates Higher


The average fixed rate 30-year mortgage, the most popular mortgage product, up slightly this week at 4.18% and the 15-year rate also up at 3.38%.

30 Year FRM      Today 4.18%
15 Year FRM         Today 3.38%
FHA 30 Year Fixed     Today 3.80%
Jumbo 30 Year Fixed     Today 4.25%

With mortgage rates below 5.00% and Fannie Mae and Freddie Mac to allow some first-time homeowners to obtain a mortgage while putting down just 3% of the price of the home.  This could be the time to talk to a lender, Click here to view a few of San Diego's best mortgage lenders.

The Last 30 Years of Interest Rates

Interest Rate lows are at historic levels. Since the early 80's the average rate on a home loan was 8.75%. If you were to obtain a loan from Freddie Mac for $500,000 today, you could get an interest rate around the mid to high 3's. That is less than half of the average rate for the last three decades!

Most experts agree that interest rates cannot much further and recommend people who are thinking about buying a home or refinancing a loan do so before they inevitable rise.

Rates are brought to you from Mortgage Rates Daily.


For more information on San Diego CA Real Estate contact Robert K. Whalen
For Maps, Street View, Tour, Dozens of Home Facts on thousands of San Diego homes please visit  

Robert K. Whalen
Berkshire Hathaway HomeServices California Properties  
516 5th Avenue
San Diego, CA 92101
Cell 619.985.2225
Cal BRE #01435859

Blog Archive
2018-03-15 09:22:10
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2018-03-06 10:42:37
Competition is Coming, Are You Thinking of Selling Your Home?

2018-03-01 15:44:37
March 2018 Events for San Diego, CA

2018-03-01 10:52:25
Are Home Values Really Overinflated?

2018-02-28 11:10:09
It’s Tax Season… Use Your Refund to Jump Start Your Down Payment Savings!

2018-02-24 10:04:41
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2018-02-17 19:08:22
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2018-02-13 12:38:25
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2018-02-07 20:08:39
Where Are Mortgage Interest Rates Headed in 2018?

2018-02-05 19:40:12
Whether You Rent or Buy, Either Way You’re Paying a Mortgage!

2018-02-03 16:54:46
February 2018 Events for San Diego, CA

2018-02-02 11:14:42
U.S. Housing Inventory Crunch Continues… List Your House Today!

2018-02-01 10:00:52
Bidding Wars Abound… How Long Will They Continue?

2018-01-25 11:04:22
If You’re Considering Selling, ACT NOW!!

2018-01-24 12:45:58
Why You Need a Professional on Your Team When Buying a Home

2018-01-18 15:07:16
What Impact Will the New Tax Code Have on Home Values?

2018-01-17 10:09:59
61% of First-Time Buyers Put Down Less than 6%

2018-01-11 17:35:43
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2018-01-10 14:35:50
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2018-01-08 12:09:10
712,000 Homes in the US Regained Equity in the Past 12 Months!

2017-12-28 10:40:49
There’s More to a Bubble Than Rising Home Prices

2017-12-27 11:09:51
Top 4 REAL Reasons We Buy a Home

2017-12-26 14:55:03
January 2018 Events for San Diego, CA

Click here to see ALL articles.

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