yes! Rates are now incredibly favorable for home purchase!

 

Yes! Rates are now incredibly favorable for home purchase!

 

The average rate on the popular 30-year fixed mortgage hit 3.70%, the lowest since November 2016, according to Mortgage News Daily. Low Rates like this won't be around for long. Now is the time for your Home Purchase!

The average rate on the popular 30-year fixed mortgage hit 3.70% on Friday, the lowest since November 2016, according to Mortgage News Daily. That rate will likely dip even lower Monday, as bond yields continue to fall.

Mortgage rates sink to 3-year low

Fixed-rate mortgages:
The Fed’s key short-term rate affects 30-year mortgages – the most common purchase home loan – and other long-term rates. The average rate has dropped to 3.75% from 4.5% a year ago, according to Freddie Mac.

Lower rates have also increased the buying power for prospective homebuyers looking to purchase the average-priced home by the equivalent of 15%, meaning that they could effectively buy $45,000 ‘more house’ while still keeping their payments the same as they would have been last fall.

Many financial institutes are offering NO CLOSING COST and NO FEES. Including the appraisal, all title fees and every other fee associated with your loan. These fees are not even added to your loan balance. They pay them for you.

ACT NOW BEFORE RATES GO UP!!

Call, email or text me for more information and if you have any questions.

CLICK HERE TO START YOUR HOME SEARCH

-------------------------------------------------------

Search All Scottsdale Homes for Sale

Our website features the best Scottsdale real estate search for homes, condos, land and foreclosure properties available. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Click here for the latest Scottsdale homes for sale. We would love the opportunity to show you any of the Park Scottsdale real estate.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Please call us at (480) 600-2477 or Contact us today to find out how we can be of assistance to you!