The Fall has again become a very active time for buyers and sellers. Since 2012, this has been a regular trend that bucks historical results.
Perhaps this flumox in the market trends has you wondering what to do. Well, why you wonder about the next step, other home buyers are snapping up the great interest rates(VA Loans now 3.5%!). As a result, home sellers are seeing market times shrink compared to even two months ago.
As Jim Belote notes in his Mortgage Market Guide,
the trend on interest rates could remain in the buyer's corner in the short term as the bond market has seen an influx of funds.
Yet, I wouldn't wait on interest rates getting better as chances are they will get worse every bit as much as they will bet better. Thus, if you are needing a new place, you should call today!!
Call me at 757 580-6546 or read Jim's notes below, then call me at 757 580-6546.
VA 30 Year Fixed Rates are down to 3.5%! Call me today if I can put my 22 years of mortgage banking experience to work for your next VA buyer.
Direct Line: 395-LOAN(5626)