The hummingbirds were busy at our house this icy week, too.  I lost count at 13 and that was just the back yard!

Here is an update 2009 chart showing the National Average Mortgage Rates for the previous 46 years, Courtesy of  The Kilkenny-Valenta Lending Group at Pinnacle Mortgage Planning. Coupled with the great prices at the beach and the extended home-buyer credit (remember, it’s not just for FIRST TIME BUYERS!) you might want to think about that beach property!

Here’s a quick snapshot at Mortgage Rates Today:

30 Year Fixed Conventional:                        4.75%

15 Year Fixed Conventional:                        4.25%

5 Year ARM Conventional:                           3.875% (yes, still that low!)

5 Year Interest Only Conventional:           4.00% ($300,000 loan; payment is $1,000 for 5 years.  Not for everyone, but maybe for the right situation)

30 Year Fixed FHA:                                           4.875%

30 Year Fixed VA:                                             5.250%

USDA (Rural, $0 Down) 30 Year Fixed:     5.25%

Jumbo (>$417,000) 30 Year Fixed:             5.75%

Jumbo (>$417,000) 5 Year ARM:                4.00% (amazing rates on Jumbo ARM’s)

Here’s a shot of some geese sitting on a strip of ice at Black Lake in Ilwaco this morning.  Funny how there were just a few frozen spots!

That’s all the news for today.  Things get crazy this time of year so take some time for yourself.  Come to the beach, look at property with us, have a nice meal, enjoy the coast.  Remember, at Discovery Coast Real Estate, we’re looking out for you!

Sunshine at the Beach! is a post from: discoverycoastrealestate.com