While mortgage rates rose in the Dallas metro area this week, one of the area's real estate firms was listed among the top in the country.
The benchmark 30-year fixed-rate mortgage in Dallas rose to 4.04 percent from 3.95 percent, according to the Bankrate.com national survey of large lenders. The mortgages in this week's survey had an average total of 0.59 discount and origination points. Nationally, the 30-year fixed-rate mortgage was 4.1 percent.
Briggs Freeman Sotheby's International Realty was among the top firms in 2012, according to the annual REAL Trends 500 report, which ranks the top brokers in the U.S. by closed sales volume. The firm, coving the Dallas-Fort Worth metroplex, ranked 97th in the nation for closed sales volume, sixth for the greatest increase in transactions and 19th in average sales volume per agent from 2011-2012. “This national recognition is a reflection of how strong the economy is in Dallas and across Texas,” said CEO Robbie Briggs in a statement.
The benchmark 15-year fixed-rate mortgage rose to 3.28 percent from 3.19 percent. The benchmark 5/1 adjustable-rate mortgage rose to 3.04 from 2.91 percent, while the 30-year, fixed-rate jumbo, for loans of $417,000 and above, rose to 4.85 percent from 4.79 percent.