Wow – the oxymoron of being a realtor in the DFW area. These are the business page headlines Friday June 13th and Saturday June 14th: What does this mean to our current and future clients??? The inventory of existing homes for sale is the lowest in 15 years, but job opportunities in the area are rising. What does this mean to our current clients and new buyers? You might consider buying a new construction home, you definitely need to be […]
30-Year Interest Rates Remain Below 5%
According to Freddie Mac, interest rates on 30-year mortgages remain below 5%, averaging 4.83%. Interest rates on 15-year fixed rate mortgages fell to 4.32% this week. This news, together with the extension of the homebuyer’s tax credit, makes buying a home a smart decision.