Northern Nevada Real Estate

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Mortgage Rates Sink to New Low for 2014

Daily Real Estate News | Friday, August 22, 2014

Despite predictions that mortgage rates were to inch up in the second half of this year, fixed-rate mortgages continue to tumble.

Borrowing costs moved lower this week, as the 30-year fixed-rate mortgage dipped to a 4.10 percent average, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgages previous low average for the year was 4.12 percent.

Freddie Mac reports the following mortgage rate national averages for the week ending Aug. 21:

  • 30-year fixed-rate mortgages: averaged 4.10 percent, with an average 0.5 point, dropping from last week’s 4.12 percent. Last year at this time, 30-year rates averaged 4.58 percent.

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  • 7105 Freedom Drive
    $225,000  3 bed, 1630sf
    7105 Freedom Drive, Sparks
  • 980 Ruby Lane
    $315,000  3 bed, 2 bath, 2188sf
    980 Ruby Lane, Carson City
  • 1715 Darin
    $174,500  3 bed, 2 bath, 1708sf
    1715 Darin, Carson City
  • 2319 Darla Way
    $399,999  4 bed, 4 bath, 3831sf
    2319 Darla Way, Carson City
  • 1078 Cascade Drive
    $145,000  4 bed, 2 bath, 1344sf
    1078 Cascade Drive, Carson City
  • 2924 Gillis Way
    $195,000  3 bed, 2 bath, 1632sf
    2924 Gillis Way, Carson City
  • 708 Jackson
    $160,000  3 bed, 1.5 bath, 1836sf
    708 Jackson, Carson City
  • 1303 Mountain Street
    $225,000  3 bed, 2 bath, 1592sf
    1303 Mountain Street, Carson City
  • 1100 Stagecoach Lane
    $379,500  4 bed, 3 bath, 2532sf
    1100 Stagecoach Lane, Carson City
  • 531 Moses Street
    $189,000  2/unit bed, 1/unit bath, 1876sf
    531 Moses Street, Carson City

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