We are experiencing lower than predicted interest rates currently, and this is something that can have a huge impact on your finances whether you are buying a home, selling a home, or thinking of refinancing.
As REALTORs, this is great news! We are able to work with buyers during a time when interest rates are unexpectedly low, making future interest payments over a 30 year mortgage less daunting than ever.
For our sellers, this is great news too. Motivated buyers mean quick home sales for top value - especially when experienced agents are assisting in the process of preparing both the home owner and home purchaser.
If you need assistance or have questions about the interest rates or the current market, we are more than happy to assist you -- this is what we are here for! We also have relationships with mortgage lenders who can help you with your pre-approval, or can assist you with understanding your options for refinancing.
Tap into the right resources
Courtesy of Realtor.com
Whether you're looking to buy a home or a homeowner looking to refinance, there are many mortgage tools online to help, including the following:
- A mortgage rate trends tracker lets you follow interest rate changes in your local market.
- A mortgage payment calculator shows an estimate of your mortgage payment based on current mortgage rates and local real estate taxes.
- Realtor.com's mortgage center, which will help you find a lender who can offer competitive interest rates and help you get pre-approved for a mortgage.