ANOTHER Record Low Mortgage Rate Drop! Don't Wait...

Reblogger Raymond Henson, SRES, GRI
Real Estate Agent with eXp Realty of California, Inc. (lic. #01878277) DRE# 00949880
https://activerain.com/droplet/5pVR

     Interest rates this low really is remarkable.  This is the lowest level in my lifetime and that says A LOT!  I would have never guessed that we could get to this level. 

Original content by Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI BR632450000

"Mortgage rates in the US have hit another record low" and the time to buy a home or refinance have never been better as reported by Christine Maurus of Bloomberg News on December 13, 2020.

 

The average for 30 year fixed rate loans dropped from 2.87% the previous week to 2.81% which is the lowest in the 50 years that these records have been tracked. The previous low prior to the new 2.81% average was 2.86% in October.

 

These low mortgage rates have been the energy needed in a continuing housing rally nationwide and also here in our Phoenix metro market. Although the number of homes on the market is limited, the fuel provided by the low mortgage rates have been pushing up home prices. If you have been on the fence, now is the time to buy/

 

                              Record Low Mortgage rates are GOOD!

Mortgage rate drop                Mortgage Rates Now at new record low average of 2.81% 

 

Rates aren’t expected to jump signifcantly any time soon by many industry analysts, however the future is unknown and the time to buy may be NOW.

 

Meet Jeff Masich REALTOR® and see how much home you can afford

 

Meet Jeff Masich, REALTOR® and ask about homes anywhere in Phoenix metro

 

Here is a FREE MLS Search for homes for sale in Arizona. I, Jeff Masich would be pleased to help you find Arizona Homes For Sale and the right home at the right price!

Free MLS Phoenix Metro

                          Press FREE MLS Search to search for homes for sale in Arizona

 

For more Arizona Homes and Land for sale just ask me.  I live in Scottsdale and would be pleased to represent you as your Buyer's REALTOR®.

Jeffrey Masich, Associate Broker, REALTOR®, MBA, GRI, BS Accounting

HomeSmart

Scottsdale, Arizona

JeffMasich@ArizonaHomesLand.com

http://ArizonaHomesLand.com

480-242-6500

 

 

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Re-Blogged By Re-Blogged At
Topic:
Lending / Financial
Location:
California Sacramento County Elk Grove
Tags:
mortgage rates
finance
lending

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Rainer
465,718
Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Denver Broker / Author / Advocate/Short Sale

Thanks for the reposting of this article that pertains to the current interest rates,   Raymond .... it truly is amazing more buyers are not taking Advantage

Dec 20, 2020 08:43 AM #1
Rainmaker
282,698
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Hi "Danta Claus" Hopper. It is very surprising!

Dec 20, 2020 09:22 AM #2
Rainmaker
6,210,842
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much for sharing this reblog selection.

Have an outstanding week.

Dec 20, 2020 10:03 AM #3
Rainmaker
282,698
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Thank you and Happy Sunday to you, Roy Kelley!  

Dec 20, 2020 10:11 AM #4
Rainmaker
6,210,842
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Smart consumers are taking advantage of the very attractive mortgage interest rates.

Dec 20, 2020 10:12 AM #5
Rainmaker
4,600,914
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Raymond, great choice for a reblog, and the interest rates are so low, buyers should be BUYING!  

Dec 21, 2020 07:43 AM #6
Rainmaker
282,698
Raymond Henson, SRES, GRI
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

And wouldn't it be nice to find a few more sellers that should be selling, Joan Cox.  I am ready for a more balanced market.  And thank you!

Dec 21, 2020 09:03 AM #7
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Rainmaker
282,698

Raymond Henson, SRES, GRI

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