Rates Thursday

Guaranteed Rate is offering a 30 Year Mortgage rate of 3.875%. Rates are increasing, but homes are still selling, will the rates increase kill the small housing boom? According to the Washington Post, nope. The reasons behind not buying is issues of credit and lack of job security, not a lack of confidence in the market itself. So homes will still sell!

grate

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: