March 21st, 2017 4:20 PM by Mary Ellen Hornung
Since it's the officially the first day of Spring (and beautiful
outside), we wanted to reach out to give you a quick real estate market
rates have risen from the record lows we saw before the election but they are
still viewed as historically low as most 30 year conventional loan programs are
offering rates in the lower 4's. The
housing market itself is quite frankly on fire...home values are up, days on
market are down by nearly 45%, and the housing inventory is down by 11% from
this time last year. With
unemployment at a record low and the stock market at a record high, we expect
it to be a very robust real estate market for the rest of 2017!
you or someone you know is looking to buy, sell, or refinance... Feel free to contact our loan officer for more information about these rising interest rates we'd love to make sure they get the service, price, and advice they deserve.
Loan Officer with Supreme Lending