Mortgage Rates Head Higher on Positive Economic Data

Things are looking up for the economy and also on the real estate front.  The bad news is that interest rates for mortgages are responding by going up.  The bad news isn’t all that bad though – for now the rates are only going up a little.  Lots of experts are saying this is the year the real estate market is going to pick up and all indications so far are that they’re correct.  You never know what the future holds but it’s promising so far.  I’ve been saying that the time to buy or sell is right now and I believe it now more than ever.  Houses are selling, buyers are out, prices and interest rates are still some of the best I’ve ever seen.

Mortgage Rates Head Higher on Positive Economic Data.

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About Bob Gilbert, GRI

Realtor with Edina Realty, Prior Lake, MN
This entry was posted in Financing, Real Estate Market Health and tagged , , , . Bookmark the permalink.

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