Today's Interest Rate is 4.8% in Great Falls, Montana

Real Estate Broker/Owner with Paris Gibson Realty

How cool is this?  Interest is so low.  Wow.  I guess we are bucking all the trends with new low rates.  Here in Montana we don't have very many foreclosures (like one per 7500 homes) so our prices haven't taken the proverbial dip like in other areas.  We are lucky, but this is also not the place to shop for blue light specials on houses either. 

Homes that are dated are taking the biggest hit here, but that is the norm when they start out overpriced.  If houses are priced right they sell in almost all price ranges.  Of course our average home price is $140,000. 

Happy house hunting.


Comments (3)

Trey Affolter
Keller Williams Realty - Tacoma, WA
Brings HOME Results!

- interest rates sure makes it more appealing for home buyers & owners considering refinancing and should motivate them. In the article Time to Get Off the Fence and Into a Home, the same message comes in an article from offered by Your Money. Another source with this message was from Smart Money, Time to refinance -- or buy a home? Good information to pass on to our buyers.

Best wishes for 2009!

Trey Affolter

Jan 13, 2009 04:24 PM
Wanda Thomas
Montana Homestead Brokers, Broker, CRS, GRI, SFR, RN - Billings, MT
Billings Montana Real Estate

Hi Kelly, our buyer activity has perked up a bit, I hope those that have been holding out waiting for the bottom haven't missed their chance.  Your average price is so affordable, I would think that retirees would be looking in your area.  Hope you have a good year.


Jan 19, 2009 12:13 PM
Mobile Austin Notary
Apostille/Authentication/Embassy Legalization, Notary Public, Loan Signing Agent & Process Server Services - Austin, TX

Thank you for the great information. Butterfly

Feb 17, 2009 04:38 PM