Lock in Your Mortgage Rate Today!
Have you taken a look at mortgage rates lately? Today’s recently updated survey by Freddie Mac shows 30 year fixed rate mortgages as averaging 3.56%!
The fifteen year fixed rate mortgage is only 2.86% and adjustable rate mortgages are super low, too. The 5/1 year adjustable rate mortgage is coming in at 2.74% and the 1 year adjustable rate mortgage is 2.69%. Rates this low haven’t been seen in a long time.
As an agent, I can tell you plenty of reasons why any time is a good time to purchase a home. It’s all about your personal situation, the market, and what works best in your scenario. I know the local market and as such can share advice to help you find the best value no matter what the real estate market at large may be doing. However, with these record mortgage lows, I strongly suggest that you do act quickly if you are seeking to buy, sell or refinance your home. Another reason to act quickly is the homes for sale in Litchfield Park, Goodyear, Avondale and Buckeye are going fast!
If you are in the market to purchase a home or refinance the home you currently own, it may be wise to lock in the current rate. As a potential seller, it may be wise to offer your home for sale while inventory is down and buying power is high. You may also consider transitioning your existing mortgage to shorter payment terms to take advantage of the historic lows on fifteen year mortgage rates.
Call me today to see if we can find you a home you love so you can lock in this phenomenal rate. I can also refer you to a trusted lender, if you are seeking to refinance. If you can qualify, this may be the prime time to do so.
As always if you are looking to sell your home or buy a home in the Litchfield Park, Goodyear, Avondale or Buckeye area then please give us a call or visit our new website at www.thewestvalleyhometeam.com and start your home search today. I grew up in Litchfield Park, went to High School in Avondale and still live and work here. I have watched the West Valley grow over these last 34 years and would not want to be anywhere else. I love the Litchfield Park, Goodyear, Avondale and Buckeye area and I love living and working here! Why would you work with an agent that claims to know the area when you can work with The West Valley Home Team and know that no one knows more about this area than we do! We are here to serve all of your West Valley Real Estate needs whether you are buying or selling a home, looking to sell your home with a short sale or interested in purchasing a foreclosure. I am a Certified Distressed Property Expert (CDPE), a Certified Investor Agent Specialist (CIAS), a Certified Short Sale Negotiator (CSSN), Internet Marketing Specialist Designated (IMSD) and a Short Sale Foreclosure Resource (SFR) REALTOR®.