Mortgage Rates Drop Again!

Home mortgage rates dropped to under 6% for the first time since last year. 30-year fixed mortgage rates are now sitting at 5.875% for qualified buyers. Now is the perfect time for buyers who are looking to take advantage of the huge inventory of homes for sale on the market currently. Buyers have the best of both worlds, wide selection and low interest rates. Click here if you would like more information on how you could get into a new home before the snow flies.

This also spells good news for sellers, since if this trend continues it will mean an increase in home sales. Now is the time to take advantage of the market, because if the trend continues there will be less houses on the market, and demand for prime properties will increase.