A really great way to eat healthier, and even save some money, is to pack a healthy lunch every day for work, school, or any other time you might be on the go. Eating out can lead to poorer food choices, high expenses, and expanding waistlines. Here are some ideas for easy, healthy lunches for kids and adults that won’t break the bank.
This is getting crazy already.
Seeing a 30-year fixed rate below 4.00% used to only exist in our wildest dreams, and having 15-year fixed rates average below 3.00% was even more farfetched.
Predicting where mortgage rates would be today two years ago was just as difficult as predicting what the Detroit Pistons are going to do with their draft pick tonight (give me Austin Rivers or give me death).
Let’s take a look at the numbers from this week’s Primary Mortgage Market Survey from Freddie Mac, shall we? We shall.
30-year fixed-rate mortgages stood still at the record low of 3.66% with 0.7 points. 30-year fixed rates have been below 4.00% every week in 2012 except for one and no one knows how long this streak will last. Last year at this time, 30-year fixed-rate mortgages averaged 4.51%.
15-year fixed-rate mortgages fell back to a record low of 2.94% with 0.7 points from last week’s 2.95% with 0.7 points. This marks the fifth week in a row that 15-year fixed-rate mortgages averaged below 3.00%. 12 months ago, 15-year fixed-rate mortgages averaged 3.69%.
5/1-year ARMs ticked up to 2.79% with 0.6 points from last week’s 2.77% with 0.6 points, and 1-year ARMS stood still at 2.74% with 0.4 points.
Last year at this time, 5/1-year ARMs and 1-year ARMs averaged 3.22% and 2.97%, respectively.
I know everyone out there is dying to hear what my brother-from-another-mother Frank Nothaft, vice president and chief economist from Freddie Mac, had to say. On a scale of 1-10, I would probably gauge your excitement level as a solid 98.
He explained, “Mortgage rates were virtually unchanged this week hovering at or near record lows and should further help to support a recovering housing market. Both the S&P/Case Shiller® 20-city composite and the Federal Housing Finance Agency’s house price indexes showed over a 0.5 percent monthly increase in April. Meanwhile, pending existing home sales rebounded in May by 5.9 percent to match a two-year high and new home sales jumped 7.6 percent to its fastest pace since April 2010.”
Thanks as always, Frank. One of these days, he’s going to reach out to me. I just know it.
Regardless, are you in the market to refinance or get a new mortgage? If you are, it’s funny that you came here because we happen to have incredibly low rates right now. The time is now, people. Call us today!