Mt. Charleston Realty, Inc. Blog

The Biggest Perk for Buyers: Low Mortgage Rates

August 21st, 2020 2:15 PM by Tomashowski Team

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. 
The most impressive buyer incentive today is the average mortgage interest rate. Just last week, mortgage rates hit an all-time low for the eighth time this year. The 30-year fixed-rate is now averaging 2.88%, the lowest rate in the survey’s history, which dates back to 1971. This is a huge advantage for buyers. To put it in perspective, it means that today you can get a lower rate than any of the past two generations of homebuyers in your family if you decide to purchase at this time. This is a great perk for buyers who are hoping to potentially get more for their money in a home, something many are considering today as they re-evaluate the amount of space they ideally need for their families. It is an opportunity not seen in 50 years, and one not to be missed if the time is right for you to buy a home.
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Contact our family with any questions regarding your real estate needs at 702-872-5733
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Visit our website www.mtcharlestonrealty.com
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Mt. Charleston Realty, Inc. License Numbers: B.0003611, S.0035726, S.0077558, S.0184807, S.0188642
Source: Keeping Current Matters


Posted by Tomashowski Team on August 21st, 2020 2:15 PM

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MT. CHARLESTON REALTY, INC.

6628 Sky Pointe Drive, Suite #130
Las Vegas, NV 89131