If you have been on the fence about buying a home, you really should consider getting into the market.
Home prices are competitive, sellers are often motivated, interest rates are unbelievable and you may find that with school starting soon, there aren't as many buyers to compete with.
'All real estate is local,' has been touted a lot lately because it is true. Before you believe the gloom and doom of the National media, you need to do yourself a favor and talk to a local Realtor. Select someone whose expertise you trust and ask them for a read on your local market.
With the average 30 year fixed loan ending the week at an average of 4.32% it is a great time to buy a house at a competitive price and for the best financing seen in YEARS!
For more information on current interest rates see, Fixed mortgage rates fall for Nine of Past 10 Weeks.
I wrote a blog last week called, Why You Should Buy Now Even without a Buyer Tax Incentive. In this post, I lay out what a difference interest rates can make in your monthly payment. It is really is amazing how much a lower interest rate can mean for your out of pocket costs.
If you have been thinking of buying, don't ignore the buying power that these interest rates can provide. It is time to get off the fence and buy that home you have been considering!