Mortgage Rate Resources

Looking for some online resources that can help you find today's lowest mortgage rates? Take a look at some sites we found that offer helpful services for home buyers.

Mortgage News Daily
www.mortgagenewsdaily.com
If you like to keep up with national and international interest rate trends, check out this informative site. Here you'll find lots of recent articles that report on changing interest rates. Because interest rates change daily, this site publishes a report once a day, as well.

ForTheBestRate.com
www.forthebestrate.com
Compare interest rates from multiple lenders in your desired area. Easy and convenient links to each lender's site and informative articles make this site perfect for the typical home buyer.


Federal Reserve Board Mortgage Comparison Calculator
www.federalreserve.gov/apps/mortcalc/
Check out this online mortgage calculator, designed to help homeowners compare the monthly payments and the amount of equity they will build in their home for both fixed rate and adjustable rate mortgages.

PriceAMortgage.com - Updated (3/25/2013)
Ok. So, we wanted to add one more to the list.... We are in the process of launching PriceAMortgage.com which is mortgage research web site where consumer can learn about various popular residential mortgage programs and compare rates and closing costs from competing lenders, brokers, and banks. We're going to try to pack it full in-depth information on the most popular home loan products and industry related news.

Please note, these sites may publish time-sensitive information that could change without notice. For the most accurate mortgage rate information, speak with a professional lender serving your area.

Washington D.C. Real Estate Market Report

Listing prices for homes in D.C. dropped in June, but median sales prices remain higher than a year ago.

For the week ending June 27, 2012, the average listing price in the District of Columbia fell to $805,389 (0.7% lower than the prior week), according to Trulia.com, an online source for real estate data.

While the average listing price inched downward recently, the median sales price reached $410,000 - which represents a 5.7% increase since last year. Trulia.com also reported increases in average price/sqft ($397, +10.3%) and number of sales (1,054, +10.4%).

Freddie Mac reported that home mortgage rates in the District of Columbia and the Southeastern U.S. fell over the past week with the 30 year fixed rate average dipping to 3.56% (.7 points) and the 15 year fixed rate average slipping to 2.86% (.7 points).


The most popular neighborhoods in the D.C. area for real esrare sales were Dupont Circle, Georgetown, Columbia Heights, Adams Morgan and Brightwood Park. Of these five, Georgetown was the only neighborhood to experience an increase in the average listing price ($2,407,719, +5.1%).

At the time of this writing, there were currently 1,873 homes for sale, 18 open houses and 128 foreclosures.

Please note these figures are pulled from public data and are subject to change without notice. For the most accurate and up-to-date information on Washington D.C. real estate, contact an agent in the area. For information on D.C. mortgage rates and popular D.C. home financing, speak with an experienced lender using the mortgage rate tables at www.ForTheBestRate.com.