Over the next five years, home prices are expected to appreciate, on average, by 3.6% per year and to grow by 18.2% cumulatively, according to Pulsenomicsâ€™ most recent Home
Mortgage Rates At Record Lows
Home mortgage rates are still at record lows. And it's a great time to invest in real estate. Bloomberg news reports, "The national average 30-year fixed home mortgage rate in the U.S. fell to 3.36 percent Friday, matching the record low first reached in December 2012, according to Bankrate.com. Would-be home-buyers and homeowners looking to refinance existing mortgages at lower rates have benefited from a drop in U.S. Treasury yields since U.K. voters decided in June to leave the European Union. A comparable Freddie Mac mortgage gauge watched by the industry is near a record low, at 3.48 percent."
If you are considering buying, selling, or investing in real estate, contact me today. These rates won't last forever!
Greg is a seasoned agent having helped over 250 families sell their current homes and purchase the home of their futures. ....
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