Today’ rates

Mortgage Rates Stay Flat to Begin Busy Week

October 28, 2013

Mortgage rates stayed in line with recent 4-month lows today.  In some cases, there was a slight movement in the closing costs associated with prevailing rates, but the rates themselves didn’t change.  The most prevalent Conforming 30yr fixed quote (best-execution) remained at 4.125%.

Today’s Best-Execution Rates

  • 30YR FIXED – 4.125%
  • FHA/VA – 3.75-4.0%
  • 15 YEAR FIXED –  3.25-3.375%
  • 5 YEAR ARMS –  3.0-3.50% depending on the lender 

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Today’s rates

Today’s Best-Execution Rates

30YR FIXED – 4.125%
FHA/VA – 3.75-4.4%
15 YEAR FIXED – 3.375%
5 YEAR ARMS – 3.0-3.50% depending on the lender

Steve Florio

Senior Loan Officer

NMLS# 305979

Guild Mortgage Company

St George, Utah

435.319.9238 / Iphone

435.535.2470 / fax

Role of a Property Manager

Maybe you own or are considering purchasing a rental property.  For a monthly fee a property management company can help keep the property rented and maintained.  For out-of-town owners, this pretty much a must. Here are their roles for you.

  • Provide a prospective tenant access.
  • Provide secretarial, bookkeeping, maintenance or rent collection services.
  • Quote rental and or lease terms
  • Compete pre-printed lease or rental agreements
  • Serve or receive legal notices
  • Address tenant or neighbor complaints
  • Inspect units

Interest Rates Are Dropping

Right now is a perfect time to buy Cedar City real estate as the interest rates are continually dropping and home prices are dropping as well. 2009 will be a great year for individuals to invest in real estate and there are plenty of Cedar City homes available for first-time home buyers, retirees, and second or third homeowners.

Cedar City Real Estate Interest Rates

There are multiple options for people who are looking to purchase real estate or build their own home. There are a lot of foreclosures and short sales out there that are waiting for people to pick them up. Cedar City Utah has its own fair share of foreclosures and short sales.

If you are a prospective buyer The Bontadelli Team can help you find a perfect home at a great price for you and your family. We have specialized in Cedar City Utah real estate for over 11 years and have been realtor of the year more than once. Learn more about us.

Make sure you grab a hold of the opportunity to grab a home before the interest rates start to go back up.


Mortgage rates on 30-year loans slid to a record low for the second straight week, lowering borrowing costs for homebuyers as demand slumps. Rates for 30-year fixed loans dropped to 4.58% in the week that ended Thursday from 4.69% last week, Freddie Mac said in a statement. The average 15-year rate fell to a record 4.04%, the McLean, Va., company said. Mortgage rates have been declining since May as concern that a European debt crisis may spread pushed investors to the safety of Treasuries and government-supported bonds tied to home loans. Yields on Fannie Mae and Freddie Mac mortgage securities have fallen to the lowest level in more than a year.

Indications of interest rates rising are predicted for late this spring. We still have great inventory to choose from and the government incentives are scheduled to be available through March. They are $8,000 for new buyers and $6,500 for past owners of homes that have lived in their home for 5 consecutive years.