Mortgage rates have continued to remain near their all-time lows and fell slightly over the past week according to Freddie Mac’s mortgage market survey. The 30 year average came in at 3.90% and the 15 year average was reported at 3.17% (both with .8 points).
The latest McKinney real estate news we found was a fourth quarter report on RealtyTimes.com written by Roxanne DeBerry. She noted that prices in McKinney were holding steady while the days homes were on the market lengthened. Real estate professional, Geni Manning, also featured on RealtyTimes.com, highlighted that 503 homes sold in McKinney in the 3rd quarter of 2011 with an average sales price of $247,140.
For more information on buying a home in McKinney, TX, contact a local real estate professional. If you have any McKinney, Texas mortgage related questions, please call 972-591-3097.