According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune time to sell as well. There’s a very positive outlook on interest rates going forward, as the projections from the FreddieMac report indicate continued lows into 2021: “Going forward, we forecast the 30-year fixed-rate mortgage to remain low, falling to a yearly average of 3.4% in 2020 and 3.2% in 2021.” With mortgage rates hovering at such compelling places, ongoing buyer interest is bound to keep driving the housing market forward. Rates reached another all-time low last week, so FreddieMac notes that homebuyers are in the buying mood. What does this mean for buyers? Competition is hot with so few homes available for purchase and low mortgage rates are helping to drive affordability as well. Getting pre-approved now will help you gain a competitive advantage. Working quickly and efficiently with a trusted real estate professional will help put you in a position to act fast when you’re ready to make your move. What does this mean for sellers? If you’re thinking of selling your house, know that the motivation for buyers to purchase right now is as high as ever with rates remaining so low. Selling now before other sellers come to market in your neighborhood this summer might put your house high on the list for many buyers. Whether you’re looking to buy or sell, there’s great motivation to be in the housing market, especially with mortgage rates hovering at this historic all-time low. DM me and we’ll chat about how to make sure you’re ready to make a move. #Mortgagerates #sellyourhouse #firsttimehomebuyer #opportunity #housingmarket #makememove #homegoals #housegoals #investmentproperty #downsizing #newlisting #homeforsale #renovated #starterhome #dreamhome #keepingcurrentmatters

According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for eager buyers can take advantage of this opportune time to sell as well. There’s a very positive outlook on interest rates going forward, as the projections from the FreddieMac report indicate continued lows into 2021: “Going forward, we forecast the 30-year fixed-rate mortgage to remain low, falling to a yearly average of 3.4% in 2020 and 3.2% in 2021.” With mortgage rates hovering at such compelling places, ongoing buyer interest is bound to keep driving the housing market forward. Rates reached another all-time low last week, so FreddieMac notes that homebuyers are in the buying mood. What does this mean for buyers? Competition is hot with so few homes available for purchase and low mortgage rates are helping to drive affordability as well. Getting pre-approved now will help you gain a competitive advantage. Working quickly and efficiently with a trusted real estate professional will help put you in a position to act fast when you’re ready to make your move. What does this mean for sellers? If you’re thinking of selling your house, know that the motivation for buyers to purchase right now is as high as ever with rates remaining so low. Selling now before other sellers come to market in your neighborhood this summer might put your house high on the list for many buyers. Whether you’re looking to buy or sell, there’s great motivation to be in the housing market, especially with mortgage rates hovering at this historic all-time low. DM me and we’ll chat about how to make sure you’re ready to make a move. #Mortgagerates #sellyourhouse #firsttimehomebuyer #opportunity #housingmarket #makememove #homegoals #housegoals #investmentproperty #downsizing #newlisting #homeforsale #renovated #starterhome #dreamhome #keepingcurrentmatters
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