Simplifying the Market™
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week!
This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say,
“Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates combined with a strong labor market should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year.”
To put the low rates in perspective, the average for 2018 was 4.6%! The chart below shows the recent drop, and also shows where the experts at Freddie Mac believe rates will be by the end of 2019.
Bottom Line
If you plan on buying a home this year, let’s get together to start your home search to ensure you can lock in these historically low rates today!
Content previously posted on Keeping Current Matters
Who do you know that is thinking of selling their home?
They can get the free SOLD Seller’s Guide delivered in the mail
– request it at: https://tnrealestatelistings.com/sellers
Who do you know who is looking to buying a home?
They can get the free Buyer’s Guide at: https://tnrealestatelistings.com/buyers
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Renee Harrington
Realtor (Since 2003)
Buyer’s Agent (♥ 1st Time Home Buyers), Relocation, Listing Agent, New Construction.
As an agent at Cope & Associates Realty and Auction, LLC 615-384-7500
Renee offers old fashioned customer service, using leading edge technology.
Call me! I’m at your service!! 615-943-7384 Cell
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Thinking of selling your home?
Request a free SOLD Seller’s Guide
in the mail – request it at: https://tnrealestatelistings.com/sellers
Thinking of buying a home?
Request a free Buyer’s Guide at: https://tnrealestatelistings.com/buyers
Realtor Since 2003 – Renee offers old fashioned customer service, using leading edge technology.
Specialties:
Listing Agent
Buyer’s Agent (♥ 1st Time Home Buyers & Relocation )
New Construction
Call me! I’m at your service!!
Renee Harrington | Realtor
Aspire Realty LLC| 615-212-5076 Office
Facebook:https://www.facebook.com/TNRealtorRenee/
Instagram: https://www.instagram.com/TNRealtorRenee/
Search Current MLS Listings and setup auto notifications
to receive new listings within an hour of hitting the market on my
website at: https://tnrealestatelistings.com/property-search/
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