If you are shopping loan rates for a new home purchase or refinance you will want to read this! It’s that time again, time to update you on the latest in home loan and mortagage rates. If you are in the market for a home loan below are the mortgage rates as of today May 16th, courtesy of Sidney Stonecypher at People’s Bank Barkley Branch here in Bellingham.
Down Payment
Interest Rate
APR
Credit Score
Points
Conventional 30 yr fixed
20%
3.625
3.734
740
1
Conventional 15 yr fixed
20%
2.875
3.062
740
1
Jumbo 30 yr fixed
20%
4.50
4.606
740
1
FHA 30 yr fixed
3.5%
3.375
3.867
660*
1
VA 30 yr fixed
0%
3.375
3.725
640
1
*Score requirement will vary by lender
To view homes or property for sale visit our Bellingham Real Estate Search Page. For more details, or a custom home loan quote, contact Sidney Stonecypher at People’s Bank, 360-676-4597 or sidney.stonecypher@peoplesbank-wa.com. Remember that many variables come into play in determining the rate a lender will give a borrower. If you are getting a rate quote from a lender who does not have all your information, that rate may not be real. What with the low rates, it is still a great time to buy a house!
Happy Monday! Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how man of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more. As of Saturday, May 12th, the pending ratio in Bellingham was 31% . Click the links to view a report of how many homes are for sale in each area and price range and how many of them are pending showing just how active certain sectors of the market are.
If you have been looking for a wonderful brand new home 5543 Old Settler Drive in Ferndale, Washington is sure to fit your needs. This 3 bedroom, 2 1/2 bath home is currently listed at $299,900.
The easy, open floor plan provides a good balance between formal and informal spaces with the custom finishes that you have come to crave. Beautiful Granite counters with tile backsplash, gleaming hardwood wood & tile floors and cushy carpet provide a touch of luxury.
Bedrooms are large and the master suite is huge, with double walk-in closets and spacious master bathroom.
The level lot is on a cul-de-sac, backs to greenspace for privacy and is just a hop, skip & jump from the play area. Wonderful location just minutes from services such a the local Haggen’s Grocery store, banks and more. Just a short 10 minute drive down I-5 to Bellingham or 15-20 minutes North to the Canadian Border.
If you are in the market for a home in or around Ferndale feel free to search our website for more homes available in the Ferndale and Whatcom County real estate market.
If you are shopping loan rates for a new home purchase or refinance you will want to read this! It’s that time again, time to update you on the latest in home loan and mortagage rates. If you are in the market for a home loan below are the mortgage rates as of today May 9th, courtesy of Sidney Stonecypher at People’s Bank Barkley Branch here in Bellingham.
Down Payment
Interest Rate
APR
Credit Score
Points
Conventional 30 yr fixed
20%
3.625
3.739
740
1
Conventional 15 yr fixed
20%
3.029
3.029
740
1
Jumbo 30 yr fixed
20%
4.375
4.474
740
1
FHA 30 yr fixed
3.5%
3.375
3.867
660*
1
VA 30 yr fixed
0%
3.375
3.725
640
1
*Score requirement will vary by lender
To view homes or property for sale visit our Bellingham Real Estate Search Page. For more details, or a custom home loan quote, contact Sidney Stonecypher at People’s Bank, 360-676-4597 or sidney.stonecypher@peoplesbank-wa.com. Remember that many variables come into play in determining the rate a lender will give a borrower. If you are getting a rate quote from a lender who does not have all your information, that rate may not be real. What with the low rates, it is still a great time to buy a house!
Happy Monday! Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how man of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more. As of Saturday, May 5th, the pending ratio in Bellingham was 31% . Click the links to view a report of how many homes are for sale in each area and price range and how many of them are pending showing just how active certain sectors of the market are.
If you are shopping loan rates for a new home purchase or refinance you will want to read this! It’s that time again, time to update you on the latest in home loan and mortagage rates. If you are in the market for a home loan below are the mortgage rates as of today May 16th, courtesy of Sidney Stonecypher at People’s Bank Barkley Branch here in Bellingham.
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