Posted May 4, 2012 by Rogers Healy

Mortgage Rates at New Record Lows

Mortgage rates are continuing to hit record lows according to Freddie Mac and Bankrate.com.

Rates on the 30-year fixed-rate mortgage averaged 3.84% this week, down from 4.71% a year ago, according to the most recent Freddie Mac survey of conforming rates.  Mortgage rates also hit lows in Bankrate.com's weekly survey.

 

Now is a great time to buy a home!

If you are in the market or on the fence about buying a new home, contact Rogers Healy.

 

214.207.9580

Rogers@RogersHealy.com

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Posted April 20, 2012 by Rogers Healy

Best year for local housing market since before recession

This year is turning out to be the best for the local housing market since before the recession.  Home sales are up all over Dallas and home purchases are up more than 25% higher than last year.

A pickup in job growth, low interest rates and relatively affordable home prices have buyers becoming more confident about the economic environment.

Even though there is a widespread gain in the number of home sales, prices are rebounding much more slowly.  The sellers are finally taking low prices for their property after sitting for two years.

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