Mortgage Rates for Summer 2012 at an All Time Low Posted on August 1, 2012 by socialmedia by Mortgage rates have been falling throughout summer 2012 and continue to entice potential buyers. Surveys have shown 30-year fixed-rate mortgages averaged 3.57%, falling from the previous month’s average of 3.71%. In July 2011, the 30-year FRM averaged 4.60%. The 15-year FRM is also down this week to 2.97%, compared to last year’s 3.69%. The 15-year FRM is a popular refinancing option that many are pursuing because of these record-low interest rates. Treasury-indexed adjustable-rate mortgages also fell. Though these numbers suggest a falling market, there are a number of indicators that show positive growth. Construction on single-family homes rose for the third consecutive month in May, and homebuilder confidence rose in June to its highest reading in over five years, according to Housingwire. Visit Wisconsin Mortgage Corporation, Shorewest’s partner in delivering quality home loan services since 1983, for more information about obtaining a home loan across Wisconsin. Tags: 15-year mortgage, 30-year mortgage, mortgage rate, Wisconsin Mortgage Corporation Categories: Home Buying, Home Selling, Mortgage Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ Home Property Search Map Search About Me My Listings My Reviews Videos Contact Me Reset Password Enter the email address for your account and we will email you instructions on how to reset your password Email* Reset My Password × Sign In Email* Password* Sign In Reset Password New to myShorewest? Create an Account First Name* Last Name* Email* Passwords must be at least 8 characters Password* Repeat Password* Create Account × Forgot Your Password? Enter the email address for your account and we will email your password to you. Email* Retrieve My Password × Welcome Back Welcome back to your myShorewest account. Take me to my Account Stay on this page × Save This Search Name Your Search* Send me property updates that match this search Email Frequency Every 2 Hours Daily Weekly Login to Save Search Email* Password* Sign In Forgot password? × Help Me Find A Home First Name* Last Name* Email* Phone** What are you looking for in a home? Help Me Find a Home **By submitting this request with a text number, you acknowledge that you may incur fees for the sending and/or receiving of any subsequent text messages between you and a Shorewest agent. Amount of the fees (if any) is dependent on your wireless service plan. × Help Me Sell My Home First Name* Last Name* Email* Phone** Address Message Help Me Sell My Home **By submitting this request with a text number, you acknowledge that you may incur fees for the sending and/or receiving of any subsequent text messages between you and a Shorewest agent. Amount of the fees (if any) is dependent on your wireless service plan. × What's My Home Worth? Example: N11W44100 River Ln, Waukesha, WI 53186 Get A Home Value × Home Valuation Report × Schedule A Showing , , Please complete the contact information below and we will respond to your inquiry as quickly as possible. Date and Time Preference for showing Date Time First Name Last Name Email If you are currently working with a Shorewest agent, please enter the first few letters of their FIRST name and select from the choices that appear. Preferred Phone #** Agent Name Additional Comments or Feedback Schedule a Showing Or contact me directly at: 414.614.5140 or [email protected] **By submitting this request with a text number, you acknowledge that you may incur fees for the sending and/or receiving of any subsequent text messages between you and a Shorewest agent. Amount of the fees (if any) is dependent on your wireless service plan. × Property Notes History Notes for: 2370 N. 100th St., Wauwatosa, WI 53226 MLS #: 23156413 ADD A NEW NOTE Add Note × Property Notes History × Edit Your Property Price Tracker Tracker for W179051 N907151 County Road 187, Chippewa Falls, WI 53224 Set a Price Tracker for this property by entering your target price below. You can esily view your price trackers from your Price Tracker page. Save Price Tracker Price Tracker History Remove tracker Price Tracker for: $10,200,000 Price Tracker for: 12/21/2015 Days On Market: 62 Days Original List Price: $13,000,000 Current Property Price: $12,200,000 Remove tracker ×