Interest Rates are back down so its time to buy!
About 6 weeks ago the Danville mortgage market saw rates increase due to some really large auctions of Treasury Bills. The rate slide lasted about three weeks, and rates went up more than 3/4 percent, which is really a big increase in the mortgage world.
I am happy to report however that the LAST THREE WEEKS have seen mortgage rates IMPROVE, and we have gained back almost everything we had lost 6 weeks ago!
Be sure to check the updated graph on the front page of my site to see how the trends move from week to week, and of course you can always call me for an accurate quote for your particular scenario.
Now is a great time to buy Danville real estate, so work with one of our recommended Danville Realtors, and ENJOY THE EXPERIENCE!
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About The Danville Mortgage Blog
The Danville Mortage Blog is your premier source for information on Danville real estate, home loans in Danville, general mortgage knowledge, real estate market updates and Danville community information. On top of all this, you will find leading Danville real estate agents showcased, making your selection of a real estate agent easier.
For Danville real estate agents, you'll find valuable tips on how to take your real estate business to the next level. We're also a wonderful place to keep up on the ever changing mortgage industry.
Mike Miller
- 395 Hartz Avenue, Danville, CA 94526

Bank of Commerce Mortgage is an equal housing lender. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Credit and collateral are subject to approval. Terms and conditions apply. HUD Approved FHA Lender. NMLS ID #1839. Lending available in California Dept. of Real Estate Broker #01218426. The opinions expressed herein are not necessarily those of Bank of Commerce Mortgage or its affiliates.
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