Just How Low is Low? Have You Seen Your Rate Today?

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Image by notanalternative via Flickr

 

 

 Mortgage loan interest rates are one of the key drivers in the real estate industry. In today’s economy, Freddie Mac is reporting 30-year fixed rates at historic lows over the last few weeks (or is that months?).  

    What does this mean to you?

1.) If you’re thinking about selling, now is a great time because buyers will be able to afford more home at a lower monthly payment.

2.) If you want to sell and move up, a low interest rate will help you get more home for the monthly payment you pay. 

3.) You might want to refinance your existing mortgage loan.  

    Call me or email me if you’d like more information. I am happy to answer any questions you might have. Contact me now. When it comes to mortgage loan interest rates, timing is everything. I can be reached at:

Mark R. Fuchs, 843-364-9509, or Mark@MarkandPatriciaFuchs.com

 

 

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1 Comment

Filed under Folly Beach, Isle of Palms, James Island, Kiawah Island, Mt. Pleasant, News, Real Estate, Seabrook Island, Sullivan's Island, Summerville, The Best of the Lowcountry, The Real Estate Studio, Tips for Buyers, Tips for Sellers, Trends, Wild Dunes

One Response to Just How Low is Low? Have You Seen Your Rate Today?

  1. randy

    Do the math, the 4.25% rate being offered for 30 year fixed rates clobbers an $8,000 first time tax credit substantially. And it’s not a government sponsored gimmick.

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