Are Low Interest Rates Here to Stay?
Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week!
This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say,
“Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates combined with a strong labor market should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year.”
To put the low rates in perspective, the average for 2018 was 4.6%! The chart below shows the recent drop, and also shows where the experts at Freddie Macbelieve rates will be by the end of 2019.
Bottom Line
If you plan on buying a home this year, let’s get together to start your home search to ensure you can lock in these historically low rates today!
Mortgage Rates for 2018
https://goo.gl/Pw4cmy
Why Work with a Realtor
8 Reasons Why You Should Work With a REALTOR® Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to...
Salt Lake County Home Prices
[masterslider id="1"] SANDY (Oct. 31, 2017) – The price of a single-family home increased to its highest point ever before, according to the Salt Lake Board of Realtors®. In the July-August-September quarter, the median price of a Salt Lake County...
Realtors with HEART
Helping Families With Home Matters Real Estate With H.E.A.R.T. H onest, Helpful E xtraordinary A chieve, Action, Amazed R ealistic, Remarkable, Responsible, Ready T op Producing, Trustworthy NEVER MISS A PRICE DROP OR NEW LISTING SAVE...
.JPG)
Outdoor Kitchens
5 KITCHEN STYLES TO WATCH FOR
The L-shaped kitchen has nudged aside the U-shaped kitchen to become the most popular layout among U.S. homeowners changing their kitchen layout in a remodel, according to recent Houzz data. And farmhouse style has unseated traditional style for a spot in...
Find Cheap Homes for Sale in Utah
UTAH Short Sales, FSBO, Bank Owned, and Tax Sales Bargains Search bargain homes in Utah now to see the freshest listings of short sales, rent to own and tax sales. Buy from a seller using these creative sales strategies, and you can save you thousands on...
Wasatch County Cheap Homes
Bargain homes and other real estate in Wasatch County, Utah Search Wasatch County, Utah Bargain homes. See information on particular Bargain home or get Wasatch County, Utah real estate trend as you search. Besides our Bargain homes, you can find other...
Utah Realty News & Blog
South Jordan City Leisure Guide
[flipbook pdf="https://utahrealtyluxury.com/wp-content/uploads/2018/01/South-Jordan-Leisure-Guide-Jan1_18.pdf"] Here are the events that South Jordan City is planning on for Januarary thru April . South Jordan Leisure Guide Jan1_18