Interest Rates Falling?

Interest rates fell .16 basis points following the recent "job" report. Though they may continue to fall ever so slightly, the longterm forecast does not show that trend continuing. In fact, most economist are declaring that interest rates will rise significantly by the end of 2014. This may account for the increase in people looking for their next home. In some cases we are finding ourselves in multiple offer situations because right now there are just not a number of homes to choose and so the good ones go fast. 

Laura Lenze

Laura Lenze

Licensed Associate Real Estate Broker
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