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Buy Now Before the Rates Really Increase!

July 21, 2013

percentageFor the past few years the real estate economy has been about as good as the overall economy… so in other words not good.  This has forced mortgage companies to offer some of the lowest rates in history.  It has also been a good thing for those looking to buy a home in this market.  But recently the economy has improved and “the strengthening employment data put the bond and mortgage markets on the defensive again.”  In addition to more jobs being created, hourly wages increased a whopping 2.2% over the past 12 months which is the largest annual increase in over 2 years.

So what does this mean if you are thinking about buying a home?  It means time is of the essence.  With so many great houses on the market now is the time to get your mortgage rate locked in while they are still low.  All indications point to the rates continuing to increase.  So why not save yourself thousands of dollars and get a move on! Call me ASAP and I can help find you the house that meets all of your needs!


From → Realtor Tips

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