Mortgage rates rising

Freddie Mac reports the following national averages for mortgage rates for the week ending March 28:

• 30-year fixed-rate mortgages: averaged 3.57 percent, with an average 0.8 point, rising from last week’s 3.54 percent average. A year ago at this time, 30-year rates averaged 3.99 percent. The 30-year fixed-rate mortgage has remained below 4 percent for more than a year.
• 15-year fixed-rate mortgages: averaged 2.76 percent, with an average 0.7 point, rising from last week’s 2.72 percent average. Last year at this time, 15-year rates averaged 3.23 percent.
• 5-year adjustable-rate mortgages: averaged 2.68 percent, with an average 0.6 point, rising from last week’s 2.61 percent average. Last year at this time, 5-year ARMs averaged 2.90 percent.
• 1-year ARMs: averaged 2.62 percent, with an average 0.3 point, dropping from last week’s 2.63 percent average. A year ago at this time, 1-year ARMs averaged 2.78 percent.

So don’t delay your home purchase! Call today to let us help you get into a new home!

NEAR REC CENTER $168,000

HOMEBUYER CLASS SCHEDULED APRIL 1&2

HomeChoice™ completion certificate is required to participate in the Nome Eskimo homeowner program.

AHFC offers this free seminar that is a great resource for first time homebuyers.

REGISTER BY CLICKING HERE: http://tinyurl.com/cl6s8ko

FRONT STREET PROPERTY

Front street 4unit apartment building could easily be converted to a retail or restaraunt!

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Give Melissa a call at 907-443-7368 if you would like more information!