LIME REALTY GROUP with the markets on the upswing after the election and the Fed making the decision to raise interests rates, the mortgage rate continues to be a source of excitement for buyers and sellers alike. It’s a great time to be in the market for a home!
The current rate for an FHFA 30 year fixed is 3.74%. This is amazing and continues to drive first time home buyers into the market! This means properties that are on the market are being viewed by a wider range of buyers. From investors, to second home buyers, to actual families looking to transition from renting to owning.
And the low rate means your dollars spend more. You’re able to get a lot more house for a lot less money.
If you’ve thought about buying, now is the time. Take advantage of this rate and get yourself into the market while it lasts! With interests rates on the increase and the markets starting to do well, it won’t be long before the rate starts to climb again.
Pull the trigger. Call Lime today. Let us help you lock in a rate and start searching for your dream home. Now’s the time!