SGI Realty One Real Estate Blog

May 24th, 2011 1:24 PM

Hey Everyone-

Real estate is a hot topic as of late and many are wondering should you take advantage of the low priced housing and mortgage rates.  Feeling uncertain or on the edge of if you should buy or not? Well, here are a few recent updates that may encourage you to move forward:

  • Freddie Mac recent market survey shows fixed rate mortgages declined for the 5th consecutive week.
  • The 30 year fixed average is 4.61% and 15 year fixed is 3.80%
  • Last year this time the 30 year fixed rate was at 4.84% and the 15 year at 4.24%
  • Consumer confidence rose to the highest reading since February according to reports.
  • Nearly 2 million homes are in foreclosure, many of which you can purchase at fantastic prices!

There you have it!  A few incentives on why you should start pursuing your dream home.  Speak with your current broker and realtor, check your financial situation and start your home hunt!

Til' Next Time,

Tim D.

>>Complete details on the Cash Back Rebate Program. If you have any questions please do not hesitate to Contact us<<

Posted by SGI Realty One on May 24th, 2011 1:24 PMPost a Comment (0)
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