The Washington Post reported that Freddie Mac has revised its forecast for the housing market for the remainder of 2014.... Buyers can expect to find little change in mortgage rates - rising only modestly for the remainder of the year ...Hooray! I cannot believe how very low rates are. When we bought our first home (over 30 years ago!) rates were 17% ... yes, that is correct: 17%. What a bargain today's market is..... If you have ever thought about selling or buying, this is a terrific time to move forward! The Capital Region is anticipating growth with new companies coming in - a great time to buy or sell. Enjoy your summer, get your home ready to go on the market, and give me a call for your market analysis. Buyers: lets get out there and start looking for your new home...
Mortgage rates for the rest of 2014 .....
- July 24, 2014
Licensed Associate Real Estate Broker