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2012 Mortgage Rates look to Hold for first 6 months.

By
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963

 

2012 Mortgage Rates look to Hold for first 6 months.

There are two great articles to read, one from CNN Money last week on how mortgage rates are below 4% and the second saying how it looks like that in the first 6 months the mortgage rates will hold to these low points according to Freddie Mac.  This should help out the real estate market for the beginning of 2012 and Freddie Mac also said in its outlook forecast that housing activity will be better in 2012, but not robust.

 


David Popoff is a Connecticut license real estate agent in lower Fairfield County. He has lived and worked in the area for over 30 years and now reside in Darien since 2004.

  • Member of the Multiple Listing Service, MLS.
    • Darien
    •  Greenwich
    •  Greater Fairfield County
  • Member of the Connecticut Association of Realtors, CAR.
  • Member of the National Association of Realtors, NAR.
  • Green Affiliations.
    • Realtor GREEN designation by the National Association of Realtors.
    • David Popoff is an accredited LEED Accredited Professional (LEED AP) Homes and USGBC member of the Connecticut chapter (CTGBC).  
    • Associate member and an accredited Certified Green Professional (CGP) of National Association of Home Builders (NAHB) and the local chapter HBRA-Fairfield County, Ct. .
  • Contact David Popoff for all your real estate needs in Darien, Greenwich, New Canaan, Rowayton and the rest of lower Fairfield County.

 

Posted by

David Popoff
Connecticut Licensed Real Estate Broker
Realtor® Green
Seller Representative Specialist
Accredited Buyer Representative
candidate
LEED AP Homes

 

DMK Real Estate, Darien, CT.
Cell (203) 228-0646
DMKrealestate.com

 

 

 

DMK Realty, 06820 

 

 

 

 

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Suzanne McLaughlin
Sabinske & Associates, Inc. (Albertville, St. Michael) - Saint Michael, MN
Sabinske & Associates, Realtor

David, what great news.  I have quite a few buyers and I want them to get the best value for their money, of course.  And, getting lower rates helps immensely.

Dec 28, 2011 06:54 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

David - I have a lot of clients taking advantage of the low rates, glad they will continue to stay low in 2012.

Dec 28, 2011 12:51 PM
Stanton Homes
Stanton Homes - New Home Builder - Raleigh, NC
Design/Build Custom Home Builder in North Carolina

Interesting!  The predictions a year ago were that they would go up - we really don't know, better to take advantage now than wait and assume they'll still be low later....

Dec 29, 2011 12:18 AM
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Penny you are correct yet 2012 is an election year and the economy is still slow, unemployment still high.

Dec 29, 2011 05:27 AM