If you’ve been looking for a new home, don’t delay. This is an excellent time to lock in a mortgage rate. Last week, mortgage application volumes increased by 2.4 percent in just a week. Much of these are re-fi applications. They were up over 15 percent from that time in 2018. Mortgage applications made to actually purchase a home, not including re-fi applications, were 7 percent higher than a year ago.
Why the increase in people applying for a mortgage? Well, the average contract interest rate fell again. This is now the fourth week in a row that rates have fallen. They haven’t been this low since January of 2018.
Right now, a 30-Year Fixed-Rate VA loan is at a 3.875% interest rate with an APR of 4.186%. Meanwhile, a 30-Year Fixed Rate mortgage interest rate is 4.000% percent right now with a 4.094% APR.
Many are saying that we can thank lower interest rates on concerns over the China trade dispute. It had investors choosing safe-haven bonds, and this helped bring mortgage rates lower.
Are You Thinking of Buying a Home in Dubois County?
Use our site to search homes for sale in Jasper, Dubois, Spencer, Martin and Davis counties and all of our surrounding areas. Unlike the “big name” sites out there, at Sell 4 Free Welsh Realty our site is directly connected to our local MLS and is updated with new homes every hour. By signing up for New Listing alerts you can stay on top of the newest homes for sale and get price change alerts so you can stay ahead of other buyers and beat them to the hottest deals!
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Newest Homes for Sale in Dubois County
View the newest homes listed in Dubois County in the last 10 days:
445 3rd Avenue Jasper, Indiana
4 Beds 6 Baths 6,861 SqFt 22.830 Acres
Listing courtesy of Steve Lukemeyer from F.C. TUCKER EMGE.
102 OAK Street Huntingburg, Indiana
3 Beds 3 Baths 1,808 SqFt 0.689 Acres
Listing courtesy of Delmar Bromm from HOFFMAN & MULLEN REALTY INC.
30 Carter Boulevard Jasper, Indiana
4 Beds 4 Baths 2,894 SqFt 0.882 Acres
Listing courtesy of Gary Schnell from SELL4FREE-WELSH REALTY CORPORATION.