Renae Stucki Realtor is please to announce after reading Mortgage News Daily, that the national rate is holding steady so far at 4.5%.  Although that’s not as good as this time last year, it’s still way better than it was at the height of the housing bubble.

Why is this such good news?  

Well considering some of the turmoil we’re seeing in the markets right now, it’s a breather to know the craziness in the world isn’t swaying the rate any more than it already has.

After the Fed announcement spiked the rate a short while ago, and with political unrest in Eastern Europe, the outlook for stocks and the rate is somewhat grim.  But despite negative forecasting, the rate is holding steady and that means stable prices, the ability to maximize your buying and selling potential and also some breathing room.

That doesn’t mean you should sit on your laurels and wait for a better rate.  Analysts are still predicting a higher rate to come.

As far as Southern Utah is concerned; we can rest assured our market is still strong.  Like the rate, we’ve hit a bit of a lull right now, so it’s a good time to get out there and start shopping.  Properties are spending a little more time on the market giving buyers a real chance to shop and look for exactly what they want. 

And right now, there’s no one more willing to work hard to help you get exactly what you’re looking for than Renae Stucki, so call today and set up an appointment!