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