Real Estate Trends in Media PA

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Media, PA, United States
Direct: 610-420-0498 Office 610-627-4937 BHHS Fox and Roach Realtors Email: Branka@BrankaDoych.com Visit my website: www.BrankaDoych.com

Thursday, December 16, 2010

Home Buyers - mortgage interest rates are climbing!

Home Buyers - Mortgage interest rates are still very low but climbing.  In the last three weeks rates have been for FHA 4.750% and 5.00% and Conventional Rates have been between 5.00% and 5.25%.  Buyers, if you have been thinking of buying a home now is the time to act… expectation is that 6% rates are not far in the future.

2 comments:

Unknown said...

hey thank you for sharing this piece of great information regarding real estate it will definitely going to help me out to identify my future mortgage..

Seascapecapital said...

Hi,

Home buyers can refinance their mortgage loan at any time. Refinancing a mortgage loan is smart if you need a lower mortgage payment. Because interest rates determine home loan payments, many home buyers make a mad dash to refinance their mortgage as rates begin to climb. Thanks a lot...

Mortgage Buyer