Positive News in The Real Estate Market?
Posted on March 26th, 2009 by Adrienne
Good economic news? That is right! Interest rates are at an all time low. According to the Mortgage Bankers Association the thirty year fixed rate loan is at an average of 4.89% and the fifteen year rate is at 4.5% and loan applications are up over 21% during the past week.
With these stats it looks like things are starting to go in a positive direction. If you are looking to purchase a home, now may ne the time to do it. With rates this low and home prices also at a low it is a buyers market. Call Adrienne Francis today at 201-259-4449
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