Salt Lake County Mortgage Rates are hovering under 5%

By
Real Estate Agent with Berkshire Hathaway HomeServices

Mortgage rates in Salt Lake County are still at all-time lows.  With 30 year rates hovering just below 5%, many first time home buyers and investors are considering coming out of the closet. 

Should the home buyer take action now, or should they wait for further lowering of Mortgage rates?  My belief is that rates are only going up.  Now is the time to take action!

With an abundance of short sale and bank owned properties on the market, the combination of lower rates and lower prices on existing homes for sale, there could not be a better time to buy.

 

Linda Secrist - Linda Secrist & Associates - Everything they touch turns to SOLD!

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