Mortgate rates are at their lowest point in more than two years, according to bankrate.com. The average rate in the US for a 30-year fixed rate mortgage dropped to 5.88% this week, the lowest it's been since September 2005.
If you're in the market for a new home, now is a GREAT time to buy. Rates are low, and you'll have plenty of properties to choose from. The only trick is making sure you qualify for a loan. According to one estimate, 60% of buyers who got mortgages last year couldn't qualify for those same loans today, thanks to tighter lending and appraisal standards in the mortgage industry.
About Us
- The Stikeleather Team
- Stikeleather Real Estate is an independent, family-owned real estate brokerage serving Boston's South Shore. If you're serious about buying or selling a home, contact Shep, Bob, or Florence today, and put our team to work for you!
No comments:
Post a Comment