08/27/2019
It’s been a while since I’ve posted and this particular one is very relevant for today. Have you been waiting to make the decision to move forward with the purchase of your 1st home, your next one, or an investment property? Interest rates are extremely favorable and I would encourage you to speak with a lender and then let me assist you to find that home you’ve always wanted. I take great pride in walking that path with all my clients, be it a 1st time home buyer, or a seasoned investor. I would appreciate the opportunity to be of assistance. Call or text me at (405) 317-6785
What’s the Latest on Interest Rates?
What’s the Latest on Interest Rates? | MyKCM
Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.What’s the Latest on Interest Rates? | MyKCMAccording to Freddie Mac’s Primary Mortgage Market Survey,
“the 30-year fixed-rate mortgage (FRM) rate averaged 3.60 percent, the lowest it has been since November 2016.”
Sam Khater, Chief Economist at Freddie Mac, notes how this is great news for homebuyers. He states,
“…consumer sentiment remains buoyed by a strong labor market and low rates that will continue to drive home sales into the fall.”
As a potential buyer, the best thing you can do is work with a trusted advisor who can help you keep a close eye on how the market is changing. Relying on current expert advice is more important than ever when it comes to making a confident and informed decision for you and your family.
Bottom Line
Even a small increase (or decrease) in interest rates can impact your monthly housing cost. If buying a home is on your short list of goals to achieve, let’s get together to determine your best move.
