lending rates
Some Highlights:
- Distressed property sales fell to its lowest number since NAR began tracking it in 2008.
- As you can see, with less distressed properties, sales are up in all price ranges except the $0 - $100K price range.
- Interest rates are still at historic lows, signifying that now is the right time to buy!
Some Highlights:
- 30-year mortgage rates are projected to increase by a full percentage point in 2016
- Rates are still well below the past four decade averages
- The interest rate at which you borrow the funds to purchase your dream home makes a huge difference on your monthly payment
