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Because of the Fed’s recent decision to raise interest rates, along with inquiries about China’s economy, now may be a great time to buy the home you’ve always dreamed of.
Money going into Treasury’s now has mortgage rates at a two-month low. 30 year mortgages are now at about 3.92%!
The housing market has successfully been one of the strongest economic drivers in the past year. This has ultimately led to the sales of homes finishing at an impressive new high since before the 2008 housing market crash.