Mortgage Activity Dips, But Interest Rates Are Still At Record Lows

Mortgage rates are still at all-time lows. According to the latest data from Freddie Mac, the average interest rate on a 30-year mortgage is just 3.13%—holding steady from last week and the lowest rate on record in at least 49 years.

Rates on 15-year loans have also bottomed out. Those clocked in at an average rate of just 2.59% this week.


Ralene Nelson, REALTOR®

PENDING – 2707 Cathedral Circle Brentwood

Location! Stunning rose garden, corner lot across from the park. This beautiful updated 5 bedrooms 3.5 bath single story home is move-in ready. Kitchen updated with white cabinets, stainless appliances, granite, hood over induction 5 burner stove top, double ovens & pantry. Butler pantry area with wine rack. Tile and engineered wood flooring w/shutters & crown molding surround sound in the great room. Master bedroom with double doors to patio, updated bath w/jetted soaking tub, walk-in rain shower, & large walk-in closet w/wall safe.

PENDING – 300 Logan St, Rio Vista, 4bd/2bth/1682sf

Location, Location, walk to town for coffee/dinner. Great opportunity to own a rare 4 bedroom/2 bath home, corner lot, in downtown Rio Vista. 2 car detached garage with breezeway. Beautiful hardwood floors, fireplace, and newer dual pane windows. Landscaped front and back yards with automatic sprinklers. Inside laundry NO BONDS. READ MORE

Fun Things to Do at Home this Week-End

Host a Themed Movie Night

There are many movies that have sequels. Pick a genre that your family would enjoy. Plan for a whole evening of back-to-back viewing of the movies. Make sure you have plenty of popcorn and snacks on hand! If you want to be really creative, find props that go with the movie and set them out. You can even make a dessert that matches the movie theme. May the force be with you!

Film a “Newscast”

The technology that exists today is awesome. Smartphones come equipped to make videos.

Set up and make a newscast of events that are going on locally or events that are taking place in your family circle. This will also help everyone learn to speak in public. Doing this at home is an unusual way to interact as a family.

Plant Seedlings

Planting seedlings and watching their growth is rewarding, as well as educational. You would need to do a bit of research as to what would be the best time to plant. The time frame fluctuates between various types of plants. Most plants take 3-15 weeks to mature to a level to be transplanted into a garden. You would want to know what type of plants you are planting and the time needed. It brings great joy to watch them develop and bloom once they are transplanted into a garden.

Film a Cooking Show

Have you ever watched the cooking shows on TV? Cooking is a hot topic. In fact, cooking shows are so popular these days that there are networks that only broadcast shows about cooking.  Pick out a recipe you would like to try. Pretend you are hosting your own cooking show and video it. Make sure the whole family participates, in one way or another. You are certain to have a lot of laughs while watching your family episode.

Have a Karaoke Night

Plan an evening of karaoke. This is a great way to spend family time together. PlayStation and Wii have several options to pick from. From experience, this is an evening of lots of laughter and joy! Everyone loves to sing…even those who might not have a singing voice like to bust out at karaoke. MORE IDEAS

How Working From Home Is Changing The Way We Think About Where We Live

One of the big changes is the work-from-home policy. What started as a way to keep employees safe at home is now turning into the most popular work trend across the country, inspiring companies everywhere to step away from very large real estate construction projects and lease deals. READ MORE

Survey: Buyers, Sellers Are Eager For The Return Of Open Houses

The coronavirus pandemic has cut into open houses in a major way, but a new survey by the National Association of Realtors suggests potential home buyers are eager to resume visiting open houses. A majority of people, 65%, who attended an open house within the last year would do so now without hesitation, according to the report.  READ MORE

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Pending Home Sales Approach 2019 Levels, Powered by Record-Low Mortgage Rates

Thu Jul 2 , 2020
Key Takeaways Pending sales the week ending June 21 have nearly returned to 2019 levels (down just 3% year-over-year). Completed home sales are still down […]

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