Fixed mortgage rates fell to all-time record lows this week following the Federal Reserve’s announcement of “Operation Twist.”
Data released by Freddie Mac Thursday puts the average 30-year fixed-rate mortgage at 4.01 percent (0.7 point)
for the week ending September 29. That’s down from 4.09 percent last week. A year ago at this time, the 30-year rate averaged 4.32 percent.
Of the five regions surveyed in Freddie Mac’s survey, the West region recorded the lowest average rate for the 30-year fixed dipping below the 4 percent to 3.95 percent this week.
The 15-year fixed-rate averaged 3.28 percent (0.7 point) this week in the GSE’s survey, down from last week’s average of 3.29 percent. A year ago at this time, the 15-year rate was 3.75 percent.
Freddie Mac’s survey averages mortgage rates from 125 lenders across the country.
Friday, September 30, 2011
Thursday, September 29, 2011
Wednesday, September 28, 2011
Tuesday, September 27, 2011
These homes are gorgeous and can be put up on-site in one day and completed in less than two weeks
Monday, September 26, 2011
Exciting to see the progress!
Backstory » Emeryville Renovation: Part 3
Posted: Mon, 26 Sep 2011 15:04:36 -0700
by Peter Benoit
In our latest Backstory series, we'll be previewing the loft renovation that is the featured My House in Dwell's November issue—our first-ever online sneak peek. Here, Emeryville, California architect Peter Benoit shares the process behind customizing the San Francisco Bay area loft he shares with his wife, Lynda. Check out Part 1: As it Was, Part 2: Drawings and Demolition, and now, Part 3: Construction. Now that the demo was pretty much done, I started construction of the wood box. I decided that I was going to build it myself to save money on labor more than anything else.
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