According to National Association of Realtors (NAR) during the week of March 19, Mortgage Rates Drop Below 5%
Freddie Mac reports a drop in the 30-year fixed mortgage rate to 4.98 percent during the week ended March 19 from 5.03 percent the prior year, marking the lowest rate since 4.96 percent in mid-January.
Experts say rates could fall further in response to the Federal Reserve's announcement that it will add $1.2 trillion to the economy to alleviate the credit crisis.
This is great news as your Winter Park real estate is getting more affordable. With the low interest rates and motivated sellers and high inventory, Buyers are in the drivers seat when purchasing property....today.
Come on up to Winter Park or visit our website www.winterparkpartners.com and start your dream search. Interested in Condos, Townhouses, Single Family Homes or Vacant Lande. You will be surprised what you can get.
Team Winter Park Partners
Coldwell Banker Mountain Properties
866-538-8666
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