What’s Ahead For Mortgage Rates This Week – May 23, 2016

**ASSUMABLE LOAN $700,000 - 2.875% FIXED RATE** Experience the epitome of equestrian luxury at this show stopping horse property in the highly sought after zip code 85331. -Four stall broodmare and/or stallion barn w/cameras. -Three 12x30 matted stalls w/runs. -Four 10x30 stalls w/runs. All with automatic waters. -Custom tack room w/ AC & refrigerator. -80x120 Outdoor arena w/lights & sprinklers. -60' Round pen. -Five paddocks, two w/full irrigation. A detached, air-conditioned garage/workshop provides ample project space, while slab parking accommodates RVs, horse trailers, and/ or multiple cars. Step inside to discover a beautifully renovated kitchen and bathrooms featuring high-end finishes & modern fixtures. For comfort and efficiency, the home is equipped with solar. The cozy living area, complete with a wood-burning stove, creates a perfect retreat on cooler evenings. Outdoor living is effortless here, with inviting spa swimming pool, perimeter fencing for a small dog, citrus trees, automatic irrigation, security cameras and alfresco dining areas. Proximity to Cave Creek's top-rated schools, Dynamite Arena, Scottsdale, and the quaint Western town of Cave Creek ensures convenience and a rich local culture. Enjoy nearby golf, hiking, outdoor activities, and quick access to TSMC and the Loop 101. Living here is about becoming part of a vibrant, friendly community surrounded by the serene beauty of the Arizona landscape. Don't miss out on this unique property & experience the best of Cave Creek living!

Welcome to your dream home in the desirable McCormick Ranch neighborhood! This stunning remodel boasts hardwood floors and a vaulted ceiling with striking wood beams, creating an inviting atmosphere. Enjoy the warmth of the fireplace in the spacious living area, which seamlessly connects to the upgraded kitchen featuring Thor appliances and an oversized range—perfect for culinary enthusiasts. The accordion slider and new windows, both with a lifetime warranty, flood the home with natural light. Step outside to a beautifully refinished Pebble Tec pool surrounded by cool decking, and entertain with ease at the built-in BBQ. The newly landscaped front and backyards enhance curb appeal, complemented by a modern smooth stucco finish and a striking black iron front door. Luxurious marble countertops throughout add a touch of elegance. Don't miss your chance to own this exquisite property!

Discover the epitome of luxury and privacy in this stunning custom-built home located in the prestigious Rio Verde Foothills. Nestled on nearly 2 acres, this fully furnished, move-in-ready estate offers an unparalleled living experience with its exquisite design and high-end amenities. Spanning 6,200 square feet across two levels, this expansive residence features 5 bedrooms, 7 bathrooms, an oversized 3-car garage, a heated pool and spa, a dedicated media room, a fully equipped gym, and much more. The open floor plan seamlessly connects the living spaces, beginning with a gourmet kitchen that boasts natural Alder wood cabinetry, a 6-burner gas cooktop, double wall ovens, a warming oven, dual sinks, a raised counter island with additional seating, and a charming breakfast nook overlooking the luxurious backyard. The ground floor primary suite is a sanctuary of comfort, complete with a cozy sitting area by the fireplace, a television, direct access to the backyard, and an opulent ensuite bathroom featuring a jetted bathtub, steam shower, dual vanities, and abundant natural light. The adjoining walk-in closet is generously sized to accommodate all your wardrobe needs. For entertainment enthusiasts, the home includes a custom theater room with a 7-foot screen, a state-of-the-art sound system, and seating for up to 8 guests. The main level also offers a formal living room with a striking floor-to-ceiling stone fireplace, a formal dining room with seating for 8, an additional bedroom that opens to a private patio with chimineas and a grill, and a spacious workout room equipped with full weights and workout stations. The upper level hosts 3 additional bedrooms, each with its own walk-in closet and ensuite bathroom. A versatile flex room on this floor features a fireplace, a dedicated bar area, a television, and access to a patio that offers breathtaking views of the desert landscape, including the Four Peaks Mountain range. The backyard is a true oasis, showcasing a newly constructed $200,000 heated swimming pool and spa, surrounded by elegant travertine tile. Additionally, the property features a full-size sport court and a raised bed garden area. The adjoining parcel further expands the lot, providing ample space for outdoor activities. A highlight of this home is the impressive solar system, which powers the entire property, ensuring low energy bills even during the peak summer months. The system includes battery storage capable of powering the home for nearly a week in the event of a blackout, offering complete peace of mind. Home is also close to Four Seasons Troon, Troon North Golf Club, Scottsdale National Golf Club, Swan Sushi, Needle Rock Kitchen & Bar as well as miles of hiking, biking, and equestrian trails

SPECTACULAR WATERFRONT home on Lake Serena w/GORGEOUS SUNSET/WATER VIEWS! This Geoffrey Edmunds built home boasts an abundance of natural light paired with amazing indoor/outdoor living that can be enjoyed all year! Vaulted ceilings, soaring windows with fantastic view of the sparkling pool and Lake Serena! Entertainers dream backyard with pool, spa, BBQ and go kayaking on the lake! Beautiful updated kitchen with easy access to the resort style backyard for seamless indoor/outdoor living. Bathrooms have been renovated with the most elegant touches. Spacious primary bedroom w/sitting area and water views. Large guest rooms w/updated bath. 2 NEW A/C units! Great location close to shops, golf, restaurants, hiking. YOU DON'T WANT TO MISS THIS AMAZING HOME - PERFECT LOCK AND LEAVE HOME!

NOW PRICED BELOW APPRAISAL! SELLER WANTS IT SOLD! Situated on an expansive, approx. 1 acre parcel. This 3609 SF home has been extremely well maintained. Features 4 BD and 3.5 BA, extended 3 car garage and an AMAZING outdoor living space in the back. (Room to add a Casita) Inside you will find a gorgeous oversized Primary suite and large bath. Granite walk-in shower, jetted tub, dual sinks and beautiful closet space. 2 separate large living spaces and a wonderful islanded kitchen area that feeds into the breakfast nook and formal dining room. 2 more bedrooms featuring ensuite baths and a den office. (4th BD) In back you'll find a nice covered patio, built in BBQ, large fire pit, heated pool/spa and shuffle board. All this and still room to add a casita. This home has it all! OPPORTUNITY!

Nestled within the secluded, GATED COMMUNITY of Sierra Foothills, this ''no interior steps'', luxury REMODEL is exquisite. The home has two brand new HVAC units, water heater, water softener and R/O filter system. The BRAND-NEW sparkling private salt-water pool, features a Baja beach, turf area and mature trees. The backyard is true resort living with multiple different areas to enjoy and relax! You have 3 separate patio areas in the backyard perfect for enjoying the desert nights. As you step inside this timeless remodel, the elegant dining room will greet you on the right and large family movie room with custom barn door on your left. Step inside the warm, open concept layout with cozy fireplace, featuring 10'+ high ceilings, imported wood-look plank tile NO CARPET The chef's kitchen is a showpiece boasting Calacatta Adonia quartz counters, custom oak range hood, black stainless appliances, custom white shaker cabinets in addition to full-size navy blue shaker island cabinets. The island is an impressive 124X74, plenty big enough to entertain a large family. All bathrooms have been fully updated with high end finishes. The split floor plan offers an updated primary suite with cozy built in fireplace and a serene private seating area, attached ensuite with quartz counters and oversized, custom walk in closet. Three private bedrooms share a updated bath on the opposite side of the home. The 5th bedroom can be used as a bedroom, office or workout room and has a private full updated bath with a shower. Walking distance to award-winning BASIS Schools, Scottsdale schools, Mayo Clinic, hiking trails, golfing, Saguaro Lake, and shopping. A quick 20 minute drive to Phoenix Sky Harbor Airport.

Welcome to this beautiful home nestled in the highly sought-after, guard-gated community of Bellasera. Situated on one of the best lots within the community - this home offers the perfect blend of leisure, privacy, and breathtaking mountain views. As you enter, you are greeted by a formal living and dining area, setting the tone for the flows throughout the home. The spacious, open-concept kitchen and family room are perfect for entertaining, featuring an eat-in kitchen with bar seating, ample cabinetry, and modern appliances. Enjoy seamless indoor-outdoor living with access to the private backyard oasis, complete with a heated pool, spa, and custom-built fire pit. The primary suite boasts an ensuite bath with double vanities, a separate shower, a soaking tub, and a and a generous walk-in closet. The additional secondary bedrooms are thoughtfully designed, sharing a Jack and Jill bathroom, providing both comfort and convenience. A unique feature of this home is the separate casita located at the rear of the property. With its own private entrance, this space is perfect for guests, a home office, or a studio. Bellasera offers a tranquil desert lifestyle with world-class amenities, including a clubhouse, fitness center, tennis courts, and walking trails. Don't miss this rare opportunity to own a home in one of the most coveted communities in the area! Schedule your private showing today and experience the unparalleled beauty and luxury this home has to offer.

NEW CONSTRUCTION HOME with INCREDIBLE VIEWS! Presidio Homes hits it out of park with this expertly crafted home nestled among an enclave of luxury estates. With neatly paved roads and no HOA, you have the rare opportunity to enjoy your 1-acre home site your way. This unique contemporary home offers unrivaled mountain views from every room. The great room is open and airy with multiple patios and oversized sliders to usher in bright sunlight and expansive views. The east patio features a retractable slider for seamless indoor/outdoor entertaining. The luxurious owner's suite on the north wing offers privacy from two guest en suites on the south wing. A den with its own patio is quietly tucked away from all the noise and is large enough to be used as a TV room, office, or an enclosed formal dining room. The kitchen and great room feature custom cabinetry, quartz countertops, professional appliances, Mohawk plank wood flooring, and a linear gas fireplace with quartz hearth and surround to add warmth and style. The en suites bedrooms have walk-in closets and feature quartz countertops, floating custom cabinetry, fine porcelain flooring, European glass with porcelain surrounds and luxury fittings. In addition, the owner's suite has two large closets and a beautiful soaking tub. The laundry room also features quartz countertops and custom cabinetry, and is large enough to serve as a craft room. Details such as Mohawk wood plank flooring, solid core doors, energy efficient windows, and extensive LED recessed lighting ensure this home will be a haven of comfort, style, and convenience. The oversized 3-car garage is insulated, and the garage floor is protected by a durable resin finish. A paver driveway, walkways, and patios as well as landscaping and landscape lighting are featured along the front and sides of the home. The backyard is open for you to create your unique resort lifestyle. The new well will serve four homes, and it has great water pressure. Additional details such as LED recessed lighting under the soffits surrounding the exterior of the home, as well as lighting under the steps, create a warm inviting ambiance. A nice little bonus is that there are two exterior switched outlets to accommodate holiday lighting. Now that's convenient! Presidio Homes cuts no corners with the extra comforts you cannot readily see. They take pride in their craftsmanship, they are perfectionists in their finishes, and they build with your comfort in mind. For example, did you know that they insulate interior walls to provide quiet and privacy between bedrooms? That's an extra worth mentioning...but it doesn't stop there. To read a complete list of all the extras, please see the Features list. With the rare combination of construction excellence, stunning views, 1-acre home site to use as you like, and the quiet enjoyment of this serene environment, you truly won't find a better home than this one. It's perfect. Welcome Home!

Beautifully updated home featuring 5 bedrooms and 4 full baths, situated on a sprawling 25,000 sqft cut de sac lot in the highly sought-after 85254 neighborhood. No HOA! A permitted addition and complete remodel were completed in 2019, with the Certificate of Occupancy issued in December. Inside, you'll be greeted by an open-concept layout with a spacious kitchen and large island. The home offers two generously-sized primary suites, each with its own luxurious bath plus three additional bedrooms & two more full baths. The backyard is perfect for both relaxation and entertainment featuring a shaded pergola, outdoor bar, above-ground jetted spa, cozy fire pit, gray brick pavers, patios, and evergreen turf. With plenty of space, there's potential for adding a detached garage, casita, further expansion. This is a spectacular primary home but can also be used as a VRBO or as a second home that can be rented out when not here. So many options!!

Welcome to resort-style living on the west perimeter of Sandpiper at McCormick Ranch! This stunning home offers 2 Primary suites + Den, 2.5-bath, & is located behind a 24/7 guard gate. Enjoy quiet living in the heart of Scottsdale. This home features a private center courtyard, a oversized 2-car garage. Nestled along the McCormick Ranch Golf Course, the home provides breathtaking views of Camelback & Mummy Mountains. Inside, you'll find soaring ceilings, neutral paint, & wood floors throughout.The open-concept layout showcases an upgraded cook's kitchen, stainless steel appliances, a breakfast bar, & ample cabinet space, including glass-front uppers. Quartz countertops, a range with electric cooktop, a wall oven, a walk-in pantry, & a separate pantry make this kitchen a chef's dream. Each generously sized bedroom offers sliding glass doors that open to private patios, seamlessly blending indoor-outdoor living. Owned solar panels add energy efficiency to this luxury home. The property is surrounded by lush green grass, creating a serene and inviting environment. Relax in one of the 7 community pools, perfect for enjoying Scottsdale's beautiful weather. You'll have plenty of room for guests with slab parking for 6 cars, offering more space than most properties in Sandpiper. Located in the highly sought-after McCormick Ranch area, this home is close to shopping, dining, golf, and entertainment, making it a perfect blend of luxury, convenience, and tranquility.

Welcome to a modern, open-concept design completed in 2023 & only walking distance to the Mountain Lodge at Sereno Canyon, offering the lifestyle of resort living & showcasing crisp, clean architectural lines that seamlessly blend elegant living with the natural beauty of North Scottsdale's Sonoran Desert. Upon arrival, guests are greeted by a front fire-pit and paver patio, perfectly situated for gatherings against a backdrop of stone columns and walls. The modern glass entrance leads to a cozy foyer, unveiling a great room designed for both entertaining and relaxation, featuring a linear gas fireplace surrounded by floor-to-ceiling tile. Wide plank tile flooring extends throughout the home, complemented by custom chandeliers and lighting that create a bright, airy ambiance. The airy living area opens to the outdoor space, perfect for a low-maintenance lifestyle with covered patio finished with stone hardscaping, nestled near a private spool with stone wall water feature. Turf scaping outlined by desert vegetation & custom succulent wall planter complete the space. This carefree home is situated in an ideal setting for a relaxed lifestyle, surrounded by desert & mountain views, & in walking distance to the community's Mountain House Lodge featuring guest cottages, heated pools, fitness center, spa services & luxurious fine dining. Troon Golf course, Tom's Thumb trailhead and Pinnacle Peak are nearby to enjoy the beauty of the outdoor living in the Arizona desert.

You'll fall in love with this exquisite mountain estate, set on nearly 4 acres of picturesque land nestled within the foothills of Dewey. Offering breathtaking 360-degree views of the surrounding mountains, this ''R. Dewey Ranch'' property is the perfect ranchette, designed for those who appreciate both luxury and beauty. Whether you dream of creating a vineyard, cultivating gardens, raising horses, or hosting gatherings for loved ones, this estate provides the ideal setting. Upon approach, you're greeted by a charming covered front paver porch that spans the length of the house, inviting you to take in the serene surroundings. Step inside to be captivated by the soaring ceiling of the great room, where the floor-to-ceiling river rock wood-burning fireplace serves as a stunning focal poin Gorgeous wood floors and a wall of windows in the dining room flood the space with natural light, creating an inviting atmosphere for entertaining or simply relaxing. This architecturally stunning home features 5 spacious bedroom suites, each thoughtfully designed for comfort and privacy. The heart of the home is the gourmet kitchen, a chef's paradise equipped with a commercial-style Viking range, a side-by-side cabinet-front refrigerator, a stainless steel Viking hood, and an abundance of designer cabinetry. Custom granite countertops, tile floors, island with a breakfast bar, and a massive walk-in pantry complete the kitchen, making it a space where culinary dreams come to life. The wet bar, complete with a beverage refrigerator, offers a convenient spot for serving guests, enhancing the home's entertaining capabilities. Down the hall, the family room provides an intimate gathering space, featuring tongue and groove ceilings, peeled-pole accent columns, built-in cabinets and bookshelves, a fireplace, and a built-in desk. This cozy retreat is perfect for family evenings or quiet reading sessions. The primary suite is a luxurious and spacious retreat, with double French doors leading to the back deck. The suite features a two-way gas fireplace that faces into the spa-like ensuite bathroom, where you'll find a dual-sink vanity, a large walk-in closet, a stone tile walk-in shower, and a jetted soaking tub positioned beneath a window that allows natural light to pour in. Additional main-level amenities include a well-appointed laundry room with built-in cabinets and ample counter space, a powder room, and a sunroom that houses a hot tub, providing a private oasis for relaxation. Ascending the front staircase, you'll find a versatile loft space overlooking the great room. With built-in cabinets and desks, this area is ideal for a home office, study, or homeschool room. Down the wood-floored hallway are 3 additional ensuite bedrooms, each with walk-in closets and beautifully appointed bathrooms. The last room on this level can serve as a nursery, playroom, office/den, or an additional bedroom, offering flexibility to suit your needs. Descending the back staircase to the basement level, you'll discover a theater room, perfect for movie nights, and a vast gym room with a wall of mirrors, providing a dedicated space for fitness enthusiasts. Adjoining the theater room is a game/billiards room, ideal for entertaining. Beyond the double French doors lies an in-law suite, complete with a living, dining, and kitchenette, leading to the fifth bedroom suitean ideal setup for guests or extended family. The home also features substantial garage space, with a 4-car garage on the main level and an additional attached 2-car garage on the basement level, ensuring plenty of room for vehicles, storage, or a workshop. The outdoor spaces are equally impressive, with expansive decks on both the upper and main levels, the latter spanning the entire back of the home. The sprawling grassy backyard invites exploration, leading you to a charming children's playhouse, a pool-sized pond/water feature, and four paddocks ready for horses, gardens, or even a vineyard. The home has new roofing, gutters and skylights that were all updated in 2022. With security doors on each exterior door, you can enjoy the fresh mountain breeze flowing through the home every day. Surround yourself with unparalleled luxury, peace, and quiet in this exceptional mountain estate, where stunning views and serene surroundings await. This remarkable home is ready to be yours, offering a lifestyle of comfort, beauty, and tranquility.