Mortgage rates are currently nearing all-time lows.

Nervousness in speculative financial markets is, conversely, generally good news for mortgage rates and there are now widespread predictions that they could descend below all-time record lows!

The timing simply could not be better, as spring approaches and many sellers and buyers enter …

We recently took a look at monthly average mortgage rates for 2019, provided by Freddie Mac, and noticed a significant trend in 30 year home loans:

January - 4.46%
February - 4.37%
March - 4.27%
April - 4.14%
May - 4.07%
June - 3.80%
July - 3.77%
August - 3.62 …

We're almost at the end of August and the conclusion of summer is now in sight. This is traditionally a moment when some people decide to delay their home sale until next year.

That is always a mistake, because the fall and winter homes market is always busy and …

The latest stats for Iron County (for June) published by Utah Association of REALTORS® demonstrate an almost 9% fall in new listings compared with the same period last year, together with a 3.6% drop in actual inventory numbers since last June.

This means that there are just over four …

Earlier in the month we wrote about some very buoyant figures for the Iron County real estate market (click here to read our last blog if you missed it).

Right now is, indeed, a time to strike while the iron is still hot.

For buyers, mortgage rates have taken a …

Yesterday, the average 30 year fixed rate fell to just 3.73%, while the 15-year fixed-rate average dropped to 3.16!

This is the seventh week out of the last nine where rates have fallen.

Just a year ago, the 30 year average was 4.55% and the 15 year …

Last week 30 year fixed mortgage rates dipped below an average of 4% and we are currently seeing the lowest rates since the beginning of 2018.

The highest average 30 year fixed rate last year was 4.87% in November, so there has been a considerable reduction since then.

If …

Last month saw an average interest rate of 4.14% on 30 year fixed rate mortgages. This was the lowest figure since the beginning of last year!

Even though this is extremely encouraging news, what's often underappreciated is just how competitive mortgage rates have actually been for some time …

With what can only be described as perfect timing, 30 year fixed mortgage interest rates took the biggest single week drop for a decade last week!

With the busy spring home selling season only just under way, this is music to the ears of buyers, who will now be highly …

We wanted to inform you of what could be a significant incoming change in our Iron County Real Estate market.

For some years now, we have been enjoying a seller's market, whereby prices have continually risen and there is high demand for homes.

Although prices are continuing to climb …