Interest Rates Still Are Great!
Almost daily we are bombarded with bad news in the real estate sector. I viewed a local mortgage company's website and noticed that their fixed interest rate on a 30 year mortgage with some restrictions was at 6.375%. That is very appealing when compared to about 6.875% on the same type of loan in weeks past. If you were on the fence about buying a home in recent days, the lower interest rate might help in making that decision a little easier. Contact your local lender or Realtor for more details on the current interest rate situation.
