Mortgage Rates Near Record Lows, Prime Reston Properties Available

reston-condoThere has been little movement in mortgage rates, which remain near record lows. Meanwhile, choice Reston properties are available in the run-up to the opening of the Metro Silver Line.

Freddie Mac reports the 30-year fixed rate mortgage (FRM) averaged 3.32 percent with an average 0.7 point for the week ending December 13, 2012. That’s down from last week when it averaged 3.34 percent. Last year at this time, the 30-year FRM averaged 3.94 percent.

The 15-year FRM averaged 2.66 percent with an average 0.6 point, down from last week when it averaged 2.67 percent. A year ago it averaged 3.21 percent.

The building pictured above is the historic Washington Plaza, on the shores of Lake Anne, where Reston began.  This 750-square-foot one-bedroom, one-bath condo is listed for $205,000. Built in 1966, it is part of the Lake Anne Plaza, a self-contained community featuring dining, stores, a pharmacy and year-round entertainment.  Details here.

Reston is a unique planned community featuring housing to suit every lifestyle and budget.

sawbridgeNeed more space?  Check out this five-bedroom, five-bath home at 1304 Sawbridge Way, listed at $878,500. Features include:

5 Bed /5 Bath
5,852 Sq Ft
Single Family Detached
Tax: $9,653
Year Built: 1991
Lot Size: 1
Status: Pending

Complete details here.


About the Author

Truman Lewis
A former reporter and bureau chief, Truman Lewis has covered presidential campaigns, state politics and stories ranging from organized crime to environmental and consumer protection.