Attention Home Buyer that are “On The Fence” Interest rates have gone up!

If you are one of the many people that would like to purchase a new home but is waiting for one reason or another you may want to change your mind. Yesterday, Monday May 20th Interest rates were higher than the previous Friday. For the first time is a while we are looking at rates at 4%.

I have a buyer that was lucky to have locked his rate in on Friday before the increase. Your “purchasing power” really decreases when you are paying more per thousand. This trend of higher rates will most likely continue. The good news is more homes are coming on the market than have been. Now is a great time to go ahead and make that purchase.

It is a not an easy task in the market we are currently in with multiple offers, homes selling in a few days and the ongoing short sales (Long Sale) Factors. Although with the right team working for you, An experienced  local REALTOR  and Mortgage Specialist you could be in your new home by Summer.

 

Written  By Tina Maraj, REALTOR Since 1989!

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 http://fullertonrealestate.listingbook.com/

 

 

 

 Tina Maraj & Randy Tovar   714-403-7901

RE/MAX North Orange County Real Estate

Providing Personal, Professional Service for 24 Years!

2012 Orange County Five Star Real Estate Agents

 DRE #01045442/01182877                       www.TinaMaraj.com     

 Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warrantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

 


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Tina Maraj, Fullerton California Real Estate 714-403-7901

Tina Maraj & Randy Tovar

Fullerton, CA

More about me…

RE/MAX North Orange County

Address: 1441 Brea Blvd. , Fullerton, Yorba Linda, Anaheim, Brea, Placentia, Fullerton, Ca., 92835

Office Phone: (714) 446-1312

Cell Phone: (714) 403-7901

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Real Estate Information,Fullerton Real Estate Agent, Orange County Real Estate Agent, Fullerton Real Estate,Selling your Fullerton home, Property Managment, Relocation, Representing Sellers, Real Estate Sales, First Time Home Buyer assistance, FHA Loan information, Raymond Hills Homes, City of Fullerton Events, Yorba Linda Home Sales, Placentia home sales,short sale information, assistance for distressed homeowners, relocation assistance.


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