Real Estate Market


Low Interest Rates Continue!

Ongoing low interest rates continue in this strong buyer's market

Today's Mortgage Rates:

The current interest rates shown below are based on a purchase of a single-family, primary residence. For current refinance rates, contact us

as of 11/08/2011 09:15 AM Central

ProductInterest RateAPR
Conforming1 and FHA1 Loans
30-Year Fixed 4.125% 4.307%
30-Year Fixed FHA 3.875% 4.682%
15-Year Fixed 3.375% 3.691%
5-Year ARM 2.500% 3.160%
7-Year ARM 2.750% 3.190%
5-Year ARM FHA 3.000% 3.014%
Jumbo1 Loans - Amounts that exceed conforming loan limits1
30-Year Fixed 4.500% 4.644%
5-Year ARM 2.875% 3.261%


Market Special Report: Why Wait?

It seems that every time we're talking about real estate today, the conversation immediately goes to the financial aspects of buying a home.  How's the market?  Where are interest rates headed?  Should I wait to try and get a "better buy"?  Where are prices headed?  Should I wait until I can get a "steal"?

The interesting thing about all these natural questions is that survey after survey keep telling us that price is not the primary reason families buy a home.

Click the link below to read this informative article:

Market Special Report: Why Wait?

The Administration Announces Refinance Program for Underwater Borrowers

  It’s official. The Federal Housing Finance Agency (FHFA) has recently unveiled a new, revamped government mortgage refinancing program.

The initiative involves a series of rule changes to the Home Affordable Refinance Program (HARP) to allow more underwater homeowners to reduce their mortgage debt by taking advantage of today’s rock-bottom interest rates.


Contact Information

Photo of Karen Hickman Real Estate
Karen Hickman
Pacific Sotheby’s International Realty
1111 Prospect Street
La Jolla CA 92037


Business: 858-459-4300      Contact Karen       DRE#01015206

Office: 7855 Ivanhoe Ave Suite 110 La Jolla Ca 92037