Mortgage rates moved higher after remaining at around the same level for about three weeks. The rise in rates was driven by continued improvement in consumer spending and partly due to optimism around a forthcoming cut in short term interest rates, which should provide support for business and investor sentiment. The 30-year fixed-rate mortgage averaged 3.81 percent with an average 0.60 point fee for the week ending July 17, 2019, up from last week when it averaged 3.75 percent. A year ago at this time, the 30-year fixed-rate mortgage averaged 4.52 percent.
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I work professionally as a REALTOR® in the Carson Valley area. I also serve the South and East Shores of Lake Tahoe. I love hiking and mountain biking in my spare time. I also love helping people in the real estate market. I am dependable, ethical and responsible. I have been in the real estate business since 1996.