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Mortgage rates have dropped again this week for Las Vegas Real Estate and across the rest of the USA. Home mortgage rates fell for the third time in four weeks, with the 30-year fixed slipping to 5.59% from 5.7% the prior week, according to a report released on Friday. The average 15-year mortgage rate also fell, dropping to 4.93% from 5.07%, according to the weekly national survey from Bankrate.com.
Mortgage Rates…
We, like many Las Vegas Realtors are not sure why, but Foreclosures around the US have dropped 11% for the month of June. Nationally, preforeclosures fell 10 percent in the second quarter to 494,078, with the largest drop of 42 percent in the Midwest, the index showed.
“These tremendous drops in Foreclosures around the USA — double digits in many parts of the nation, are definitely a sigh of relief for the…
The Las Vegas Real Estate is recovering quickly from the “foreclosure downdraft” that has impacted not only Las Vegas but many other markets around the USA. Here is a snapshot of what is occurring in the Las Vegas Real Estate Market: