Home Loans Interest Rates [mortgagedealstips.blogspot.com]
www.NashvilleRealEstateNow.com Steve Jolly, Broker Century 21 Premier 615-373-2160 -- office 615-519-0983 -- mobile http www.Twitter.com We are currently experiencing the perfect storm of home affordability due to extremely low interest rates, declining housing prices, reduced buying activity and a surplus of home inventory. Let's explore each of these areas and see how they affect home affordability and how they combine to bring us the greatest buying opportunity of your lifetime. Low interest rates may be the number one factor affecting home affordability. USA Today and Freddie Mac just reported that average mortgage interest rates in the US are at their lowest level on record. This is the lowest average rate since long-term mortgages began in the 1950's. Low mortgage rates are key, because they drastically affect your purchasing power. According to sales data generated by the Greater Nashville Association of Realtor s, local home sales (compared to the previous year) began to increase in the fourth quarter of 2011 and have continued to climb each month. The latest data for June 2012 shows we are up more than 20% over June 2011. Year to date for 2012, we are up more than 24% over the same period last year. There may not be a better time in your life to buy Real Estate. You need to act quickly before this opportunity disappears. Call your favorite Realtor Now and ask him to show you the great deals on the market today! Outro Music Courtesy of The Spectacles!
mortgagedealstips.blogspot.com Nashville Real Estate: You Cannot Afford to Wait to Buy Your Next Home! Steve Jolly
The first time home buyer or any individual considering investing in the property and housing industry will have to be completely aware of the present home loan interest rate for the reason that a variation of only one or two percentage points can make an enormous difference in monthly mortgage payment.
Homeowners who are considering moving to bigger homes as a consequence of their growing families can as well take advantage of today?s market. In addition, individuals who at present own homes can profit in today?s market by refinancing the current outstanding amount of their mortgage. It would be an excellent idea and can save money if the rate is as a minimum two percentage point less than the current mortgage rate. The refinancing as well makes it possible for the homeowner to make use of the equity which they have amassed in their home.
A few online web portals like ratesupermarket carry the terms of these kinds of deals. A home loan purchaser can as well get in touch with a loan officer at his neighboring bank or lending institution. Indeed, present home loan interest rates are as well readily accessible on the web portal like ratesupermarket. A few websites provide the simple online forms to likely home loan aspirant to fill in with the intention that the home loan lenders can quote a personalized home loan rate. Researching on the previous few decades and current property and home market condition, the present home loan interest rate is extremely beneficial to anyone planning to acquire a dream home to live in.
If you are planning and interested to buy a home and are keen on looking into home loan interest rate, log on to the internet and search for websites that offer great services to existing homeowners and individuals who are looking forward to buy their first home. These websites offer home loan rate quotes from several banks and lenders that you can request for and once you have them you can compare them using free online mortgage calculators to make out the best deal. For existing homeowners they can compare their existing home loan rates with current prevalent home loan rates to see if they can save money by exercising their rights to refinance their current home loan. For first time home owners these websites as well provide free counseling by their panel of mortgage experts. With ratesupermarket, you will be able to compare several home loan rates from top-class banks and lending companies. Find More Home Loans Interest Rates Issues
