July 14, 2024

Mortgage Rates Drop Again

As of today, home mortgage rates have declined once again.

San Diego Home Mortgage Rates

 Now, don’t get too excited the 30-year fixed home mortgage rate is still above 7%. But, currently the 30-year fixed rate loan average is about 7.65%.  That rate is about 1% less than it was in September of this year.

Mortgage Rates Drop Mortgage Rates Drop - Arizona real estate market

I understand many may not think that 7.65% sounds like a good deal. For those folks, I would suggest that you consider that the 30-year Home Mortgage average reached as high as 8.13% and dropped as low as 7.64% so far in November. Keep in mind that today’s average home mortgage rate of 7.64% is way below the peak average that it hit in October which was 8.45%. Actually the 8.45% registered in October was an historic 23-year high for the 30-year home mortgage rate.

Some adjustable home mortgage rates even had a bigger drop than the fixed rate loans. Home mortgage rates  are variable between different lenders, so it always pays to shop around for the best possible deal.  I would suggest, if you are shopping around for a home mortgage, stick to one program so you get a valid comparison between lenders. In other words, if you sure you want to get a fixed rate 30 year loan, find out what the points and total fees will be with each quote that you get so you’re actually comparing apples to apples.

Mortgage Rates Drop

#######

    • Brokerforyou.com is for SALE

      Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65  billion! YouTube now operates as one of Google’s subsidiaries.

      www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!

      What’s the approximately monthly cost to host a website?  With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month!  Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.

    • Also available, much smaller aged websites (not just urls)  for Real Estate agents and brokers in California.  Yes, since I’m retired from Real Estate now I have a number of websites that are available that you can use for readings to your main site.  The following  real estate  area sites are available but subject to prior sale,  without notice:  San Diego, downtown San Diego, Del Mar, Encinitas, Orange County,  and Los Angeles. If you’d like to purchase any of these sites with all the content included, you can get them at a Bargain Basement price.  Please contact me if you’d like further details.
    • Interested, call Bob Schwartz (619) 286-5604 for additional information
    • #######

      home water leak detector – https://flumewater.com?grsf=w79pta

      home water leak detector

      +++++++++++++

      Great 360 Camera – This is the one that I use not only for real estate but motorcycling & gold prospecting.

      Direct from the manufacturer w/ Free shipping, special bonus accessory & even tax included.

      Click camera photo below for more details and to see actual 360 video & photos taken with this amazing marvel, direct from manufacturer . . .

      insta360 One X3
      insta360 One X3

      ++++++++

Home Improvement Values

Home Improvement Values

 

  • DISCLAIMER:

    Some of the links in this description and in our videos may be affiliate links, and pay a small commission if you use them, but never increase the basic cost. I really appreciate the support. The content in my Youtube videos SHALL NOT be construed as real estate, tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. I am a not financial adviser. I only express my opinions based on my experiences. Your experience may be quite different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on any investments. My produced videos are for entertainment purposes ONLY. DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer, financial advisor, or the appropriate professional for the subject you would like help with.

  • Although no longer a licensed California real estate broker Bob’s 30 plus years of experience in the real estate industry with all the contacts that he has developed,  he is able to provide referrals to the top real estate Professionals in any state within the United States.  So, although you can’t get Bob to represent you personally, Bob can select a top real estate professional with years and years of experience to ensure that you get the best possible representation.