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Clinton County Check Out Lower Mortgage Interest Rates

These interest rates are still holding at record Lows!
 
 
SECONDARY MARKET ELIGIBLE MORTGAGE RATES
EFFECTIVE August 24, 2011
 
 
FOR INFORMATIONAL PURPOSES ONLY.
RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE
 

Conventional/Construction Fixed Rate*
                                                      Investment Fixed Rate*
Terms
Rate
Points
APR
 
 
 
 
21 – 30 Yrs.
(241 - 360 Months)
4.375
%
0
4.375
%
4.250
%
1
4.335
%
4.125
%
2
4.294
%
4.000
%
3
4.254
%
 
 
 
 
 
 
16 – 20 Yrs.
(181 - 240 Months)
4.125
%
0
4.125
%
4.000
%
1
4.116
%
3.875
%
2
4.107
%
 
3.750
%
3
4.099
%
 
 
 
 
 
 
11 – 15 Yrs.         
(121 - 180 Months)
3.625
%
0
3.625
%
3.500
%
1
 3.647
%
3.375
%
2
3.669
%
3.250
%
3
3.693
%
 
 
 
 
 
 
10 Yr.
(120 Months or less)
3.500
%
0
3.500
%
* Additional fees may apply-see Secondary Market Mortgage Matrix
 

Please Contact for more information:

 
Plattsburgh Downtown          Plattsburgh West                   
Mary Gibbs                           James Snook      
Suzanne Allen                        Nancy McDowell
(518) 563-1800                     (518) 561-7490

 

Pending Home Sales Continue Recovery

Pending home sales rose again in November, with the broad national trend over the past five months indicating a gradual recovery into 2011, according to the National Association of REALTORS®. 

Lawrence Yun, NAR chief economist, said historically high housing affordability is boosting sales activity. “In addition to exceptional affordability conditions, steady improvements in the economy are helping bring buyers into the market,” he said. “But further gains are needed to reach normal levels of sales activity.”
 

The Pending Home Sales Index* in the Northeast increased 1.8 percent

Weekly Rates for Clinton, Essex, and Franklin Counties

Terms Rate Points APR

30 Yrs. 5.125 % 0 5.125 %

15 Yrs. 5.000 % 1 5.088 %

10 Yr. 4.125 % 0 4.125 %