The #1 Reason It Is Difficult to Find Your Dream HomeThe headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation
Mortgage Rates Fall Again This Week
Always a great time for great news. Mortgage rates declined over the past week and have now retreated in four of the past five weeks, according to Freddie Mac's weekly Primary Mortgage Market Survey. The 30-year fixed-rate mortgage dropped to an average 4.55 percent compared to last week's 4.57 percent. The decrease in borrowing costs are a nice sigh of relief for prospective buyers looking to get into the market this summer.
So get those search engine running and find a house of your dreams before the rates start to increase. Still a very high demand for houses with low supply.
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