Mortgage Rates Update: Buy Now Before It’s Too Late!

Mortgage Rates Update: Buy Now Before It’s Too Late!

Short Sale Solutions

According to Realtor.com, if homebuyers are looking to capitalize on the low mortgage rates, they should do so quickly. Economists are projecting the rates to nearly hit 5% by the end of the year. With this increase, affordability will decrease by at least 10% for potential homebuyers.

With the new low-down-payment programs that are being offered, homeowners who have been in entry-level homes and are waiting to upgrade their living situation should act now as well. “Sellers should also be encouraged—especially if they’re sitting in affordable homes waiting for a long-overdue upgrade.”

Don’t forget, Short Sales provide the best deals out there! Ask us how!

 

 

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Mortgage Rates Update: Buy Now Before It’s Too Late!

Short Sale Solutions

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