Important news about mortgage rates
By C Hamilton, MBA, Realtor
I just saw information on Realtor.com regarding historic low rates for mortages. Everyone has been saying that now is the time to buy and it is really really true. With interest rates at their lowest in several years and the inventory being priced now at the most attractive for homes to sell, this is truly a buyers market. Sellers should not feel that their home's value will be lost, homes that are priced competitvely can move quickly because true gems don't stay on the market long. Homes that are priced too high for the area will increase days on market. My advice to my buyers is now is the time to really start looking, don't wait for the spring market because the rates may not support your search. Here is what I found on Realtor.com 30-Year Rates Fall Below 5 Percent Mortgage ...