Posted March 13, 2012 by Rogers Healy
U.S. Mortgage rates decline this week according to Freddie Mac's weekly survey of mortgage rates. Last week the 30-year fixed-rate mortgage averaged 3.88%, compared with 3.9% the previous week and 4.88% a year ago. Rates on 15-year fixed-rate mortgages averaged 3.13%, compared with 3.17% a week earlier and 4.15% a year ago.
I don't know if its the super warm winter, the low, low interest rates or people just deciding enough is enough and deciding to get on with life, something has changed!
THE BUYERS ARE BACK!!!!
New home builders are selling out of inventory homes and Realtors are having trouble finding options for clients.