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Shelton, WA

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  • Simpson Hires Consultant In Pursuit Of Sale

    simpson sheltonSimpson Lumber has announced the hiring of a financial adviser to explore the sale of some or all of the company. Workers for Simpson were informed of the action earlier in the month, and Tuesday a spokesperson for the company… Read More +

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  • 2 Killed, 1 Injured In Crash Near Longview

    seatbeltsTwo people were killed and one injured in a head-on collision Tuesday on Ocean Beach Highway west of Longview. The Washington State Patrol says the two victims were in a car that burned. The driver of the other vehicle was flown… Read More +

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  • Jays Rout Mariners 14-4

    mariners logo5Jose Bautista homered and reached base four times, J.A. Happ won for the first time in four starts and the Toronto Blue Jays dealt a blow to Seattle's wild card hopes, routing the Mariners 14-4 Monday night. Bautista went 3 for 3 with a walk and drove in two runs before getting the rest of the night off. His solo homer in the fifth against Mariners reliever Tom Wilhelmsen was his 35th.

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Housing Frenzy: Buyers Race to Close Deals Before End of Boom

b_250_0_16777215_00_images_obgrabber_2013-09_b0ce69eeea.jpgFuse/Thinkstock (NEW YORK) -- This could be the last chance for potential home buyers to take advantage of those historically low mortgage rates. The National Association of Realtors says August sales of existing homes hit their highest level since February 2007, with buyers rushing to get in before interest rates rise further. Sales of previously-occupied homes jumped 1.7 percent in August.

On Thursday morning, homebuyers could secure a 30-year fixed-rate mortgage at 4.42 percent, down from 4.56 percent last week.  Rates dropped overnight after Federal Reserve Chairman Ben Bernanke said the central bank would keep buying $85 billion in bonds each month.

So how long will this dip in rates last?  ABC News polled a number of analysts who say they expect the window of opportunity to close in about three months, and they don't think rates will go much lower than they are today. So lock it in now!

Copyright 2013 ABC News Radio

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SoundersFC
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