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Las Vegas Real Estate Mortgage Rates dropped to a 52-year low this week, according to a report released Thursday, in the wake of the government’s announcement that it will buy more than $1 trillion in debt.
The average 30-year fixed mortgage rate fell to 5.19% this week, down from 5.29% in the week prior, according to Bankrate.com’s weekly national survey. The previous low Las Vegas Real Estate Mortgage Rate was 5.28%,…
Sales of previously occupied Las Vegas Real Estate rebounded unexpectedly in February by the largest amount in nearly six years as first-time buyers took advantage of deep discounts on foreclosures and other distressed properties and very low interest rates.
Many Economists said sales, while still at levels not seen since 1997, may finally be coming back to life after declining sharply following the stock market plunge last autumn. We agree…
Sales of previously occupied homes in the Western US accelerated nicely in late February, as low mortgage rates and affordable foreclosed properties drew in many first-time buyers and investors from around the US and the world.
A total of 68,000 existing homes and condos were sold in February in the 13-state region. Sales were up 24 percent from the same month last year, without adjusting for seasonal factors, according to the…