×
Menu
Search

Affordability climbs as interest rates fall

Last week, the benchmark 30-year mortgage rate fell below 5 percent to reach an all-time low of 4.96 percent.

This rate is down from two weeks ago when it hit 5.01 percent.  “The outlook is very positive that these low mortgage rates will persist at least through the first half of the year. That is the timetable laid out from the Federal Reserve for pumping up to $500 billion in mortgage-backed bonds,” said Greg McBride, senior financial analyst for Bankrate.com.

Low interest rates mean more affordable mortgage payments. Act now and get into your dream home today!

Click here to read the full article from Market Watch.

READ MORE ARTICLES

FROM OUR BLOG
How Homebuyers Can Make The Most Of Open Houses

How Homebuyers Can Make The Most Of Open Houses

Open houses are one of the most exciting steps in your home-buying…

Read More
Where is the Best Location for the Primary Bedroom?

Where is the Best Location for the Primary Bedroom?

The primary bedroom is more than just a sleeping space—it’s your sanctuary,…

Read More
Are There Advantages to Buying a House in Winter?

Are There Advantages to Buying a House in Winter?

The real estate market is always bustling, but most people consider spring…

Read More

the jana caudill team
has sold more real estate in
nwi than any other realtor!

work with us

The Jana Caudill Team delivers unparalleled service to all of our clients with honest representation, communication, attention to detail, and results. Reaching your goals is our number one priority.