904-757-4500

 

Jacksonville Movers Say the 30-Year Fixed- Rate Mortgage Dipped Back

Just a few days ago the 30-year fixed- rate mortgage dipped back to just below 4%. Freddie Mac’s 30-year fixed-rate mortgage averaged to 3.99% with an average 0.7 point for the week ending March 29, 2012. This rate is down from the week before which averaged out at 4.08%. Last year, during the same time period, Freddie Mac’s 30-year fixed- rate mortgage was at 4.86%. Freddie Mac’s 15-year fixed- rate mortgage averaged 3.23% with a 0.8 point which is also down from the week before when it was at 4.09%.

The local Jacksonville movers also found out that the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.90% during the week ending March 29, which is down from just seven days before when it was at 2.96%. Last year, the ARM was at 3.70%. The 1-year Treasury-indexed ARM is at 2.78 with an average point of 0.6, also down from the week before when it was at 2.84%.

For the economy, these mortgage rates are not so good news. The real estate market keeps being unstable, with various numbers and studies every month. However, this might be a good time for you to buy. The lower interest rates can definitely make becoming a homeowner more affordable for many. If you’re not sure about the timing, talk to a professional realtor that can maybe help guide you to make the right decision for you and your family.

If you decide to move to a new location, make sure to call the Jacksonville moving company for professional moving services at an affordable price. All My Sons of Jacksonville is part of the All My Sons Moving and Storage moving network with offices in Oklahoma City, West Palm Beach, Raleigh, Salt Lake City, Atlanta and many more. Our local movers are backed by four generations of movers so you know we’re a reliable moving company. We can help you score professional moving boxes, moving kits as well as specialized wardrobe boxes. Our local Jacksonville movers can even take over the task of packing your personal belongings should you choose not to do it yourself.

The local Jacksonville movers will quilt pad wrap your furniture and make sure all of your household belongings make it safely to your new home. We’re versed in all types of residential environments from apartments to condominium units to single-family homes and even commercial moves. When you’re ready to move, get your moving quote online and expect a hassle-free move.