Despite the FED raising its interest rates for the first time in many years... They are still at near historic lows and it's worth bearing in mind they are currently less half what they were in 1990!
Despite many predictions to the contrary, the diminution in Federal support for the housing market just hasn't resulted in the anticipated big hike in interest rates. A cocktail of variable economic indicators and uncertain international affairs have certainly contributed to keeping rates at such affordable levels.
This is a continuing feel good news story for both buyers and sellers.
Home seekers are still finding that the cost of financing is very, very attractive, making this an excellent time to have your home on the market.
Of course there is always the standard proviso that rates can very quickly change. Some weeks they rise, but more commonly in the past few weeks they have fallen.
The key is to act now while the situation is still so favorable. Locking in a low interest rate is going to makeobtaining your dream home that much easier and, as our video shows, the lower the rate, the more equity you are building up.
These are really compelling reasons to take action sooner than later. Call us today to get the ball rolling.
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