As a longtime Franklin, Massachusetts Realtor, I have seen interest rates rise and fall over the past 17 years. Realtors nor economists
ever expected to see rates as low as they have been during the past year.
Just when we thought rates were starting to rise, they just surprised us by dropping again! Today's current rate is 3.5% for a 30 year fixed loan which means that a home purchase from December/January with rates near to 4% would have cost a buyer $100 more per month in mortgage payments than right now. That is a significant difference.
The challenge right now for Franklin, MA and metrowest of Boston area buyers is to be able to find enough homes to choose from. The key lies in being pre-approved and working with an agent who is on top of the data. I'm able to often know about listings before they hit the market due to networking with many agents. I'd love to add your name to my long list of very happy clients!
Please call me at 508-369-5131 or email me if you have been missing out on homes...
Comments(0)