I recently read an article in Realtor Magazine Online(R) which stated that the Fed may lower the 30 year fixed to less than 5.5%. Click here to read the article. This week alone rates on 30-year mortgages fell for the third straight week - to 6.24 percent - dropping to the lowest level in five months (Source:Freddie Mac). What does this mean for buyers? This may be a good time to buy - With increased inventory, low interest rates, and many sellers offering great incentives now might be the perfect time to buy your Florida home. For sellers? As more buyers come into the market, properly priced properties will sell.
Interested in the Naples - Bonita Springs area? E-mail me for tons more information! Click here to search the MLS!
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