What a great addition to the last article I just sent!
Buyer’s should buy now while prices (though inching up) are still bouncing
along the bottom and they can buy at ultra low rates – locking in their payment
for 30 years to come!
Please forward this along to buyers who are on the fence or
missing properties because they’re still trying to lowball them. Better to
offer a little more, put us to work to provide the appraiser with accurate
market information, and take advantage of these low rates.
Not enough inventory you say, then let’s go create it!
Let’s get to work for our buyers and get one party listings! There
were also 14 expired residential properties in the Fresno MLS yesterday
alone. How many of us called on Expired listings yesterday? I
know our very own Jim Phillips did – great job Jim!
Now’s a great time to buy – let’s take advantage of the
opportunities!
Good luck!
BREAKING: Mortgage rates plummet to new lows |
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The Federal
Reserve’s continued purchase of mortgage securities took the 30-year fixed
rate mortgage down to unchartered territory this week.
Read more by clicking here.
The Freddie Mac survey showed the 30-year, FRM averaged 3.4% for the week ending Thursday, breaking through it’s all-time low set in July and falling from last week’s 3.49%. Last year at this time, the 30-year FRM averaged 4.01%. All mortgage products, except the 5-year adjustable-rate mortgage, averaged all-time lows. |
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