Interest rates are currently hovering slightly below 4% for a 30-year fixed-rate mortgage. However, Zillow is expecting interest rates to rise to 5% by the end of the year, which is a huge difference from the nearly 4% interest rate we are currently experiencing.
Interest rates are not expected to stay at historic lows anytime in the near future, so buying a home sooner rather than later may mean that you may be able to save a few thousand dollars each year, depending on the amount of the mortgage you plan on taking out. Brena Swanson is the Digital Reporter for HousingWire.com,
Author:Chip Franks Phone: 254-291-1337 Dated: December 3rd 2015 Views: 526 About Chip: The Supreme Commander of The Real Estate MarketPlace and A Good Guy, In General!
Ron "Chip" Frank...
For our Purchasing Clients: we make sure you have access to EVERY home (not just those we list, or the three or four that we think you might like); and we will never pressure you.
For our Selling Clients: we market the heck out of your home; we give you updates on what we've done to sell your property every week along with feedback and activity on the home; we can also lease your property should it fail to sell--seamlessly. Finally, if you're ever unhappy with us, or your circumstances change, you can cancel our agreement.
Lastly, if you're interested in our Property Management services, visit www.KilleenPropertyManagement.com.
As you're sprucing up your home this season, keep an eye out for these
"I love the service my family and I received at The Real Estate Market Place, We were recommended by the Dave Ramsey program. Our Realtor took a lot of time with us and was very patient to go through every option with us. We felt they were always keeping our best interest in mind. He was always friendly and honest. We could have bought a far more expensive house but he encouraged us to make a wise finical decision that would not overwhelm us. We had a wonderful experience!