Suburban Philadelphia Real Estate News

head_left_image

Yes - It Is A Good Time To Move! : Updated 30 Yr Mortgage Rate Chart

Interest rates continue to remain at historic lows. Buyers and Sellers should take this opportunity to profit while these rates continue.

A picture is worth a thousand words:

30 Year Mortgage Interest Rate Chart
(Thank you to Tracie Baichi of Prosperity Mortgage for the updated chart)

This is a great time to move. Prices have fallen but have generally now stabilized or begun to rise. Homes under contract continue to rise at a rate better than seen in 2012. The number of homes sold continue to rise. The statistics are pointing to a continued stengthening of the overall market. If this continues, both prices and interest rates could rise.

if you are looking to buy or sell in the three county area of Chester County, Delaware County, or New Castle County, you should be taking advantage of these rates now. If you have any questions or need any additional information, please do not hesitate to contact me anytime. To search properties by zip code in the Delaware County or Chester County areas go to www.SearchMediaHomes.com .

David Henke
Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE
Office: 610-225-7400/Direct: 610-618-0808
www.DelawarePAHomes.com

(All statistics per the TrendMLS System and believed accurate but not guaranteed)

Comment balloon 1 commentDavid Henke • March 02 2013 11:59AM

Comments

That is a great chart, here is a link on finding great mortgage terms in your area

How to Find the Best Mortgages in Your Area.

Posted by David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct (DMK Real Estate ) almost 7 years ago

This blog does not allow anonymous comments