Mortgage Rates Up Slightly Last Week of October

Mortgage watchers from the Wall Street Journal report that overall, mortgage rates were mixed in the last week of October with long-term fixed-rate mortgages slightly higher for the second consecutive week. These gains, however modest, broke a long streak of many weeks of record lows, according to federal mortgage giant Freddie Mac. Thirty-year fixed-rate mortgages averaged 4.23 percent for the last week of the month, which is up ever so slightly from the previous week’s 4.21 percent, but lower than the 5.03 percent average for the same week in 2009. Interest rates on 15-year fixed-rate mortgages averaged 3.66 percent, which is down from 4.46 percent for the same week in 2009. At Louisville Properties, we may not be able to help you find the perfect interest rate on a mortgage, but we can help you find the perfect piece of Louisville real estate for your home or business. We’re a locally owned and operated business that puts the needs of our clients before all other considerations. We take great pride in helping people buy and sell all kinds of property in the Louisville area. If you’re thinking of buying or selling a single-family home, condo, duplex, apartment building, warehouse, storefront or other type of residential or commercial property in the area, call us first and customize our services to meet the unique needs of your situation. Simply give us a call today at 502.744.9504or fill out a contact form for a prompt reply. Let us help you find the perfect Louisville real estate for your needs or a qualified buyer for your property. We look forward to hearing from you!

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James Powell

Jim Powell has over 20 years of experience buying and selling luxury real estate in Louisville, KY and Managing over hundreds or rental properties across the city.
Jim Powell (License #191501)

Lauren Ghanavatian

Lauren Ghanavatian attended Assumption High School and the University of Louisville. Growing up in Louisville gave her a sense of the unique and diverse communities this city has to offer.

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Louisville Properties is a full service Louisville Real Estate Company for buyers and sellers of real estate. We offer the following services
3418 Frankfort Ave #100 Louisville, KY 40207 Louisville, KY 40207
United States
Phone: 1-502-744-9504

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