There May Never Be A Better Time To Buy A House

There May Never Be A Better Time To Buy A House

According to  leading Housing experts there may never be a better time to buy a house in NJ than today.

Historically low interest rates coupled with affordable prices have presented a once in a lifetime opportunity for affordable housing in New 

Jersey.

Mortgage rates fell to their lowest point since May 2013 last week, and have now remained below 4% for the past six weeks. The average commitment rate for the 30-year fixed rate mortgage rose slightly this week and is now averaging 3.84% in the Northeast Region and 3.83% at the national level. During the same week last year, mortgage rates were averaging 4.47%, which is 64 basis points higher than they are now.According to Freddie Mac, mortgage rates were up slightly, following a week of mixed economic.

The message is clear. Call your Real estate professional today and get started on your home search today!


Andy Walker Headshot
Author:
Phone: 201-424-8628
Dated: January 21st 2015
Views: 207
About Andy: Andy is an instrumental member of the Gordon Crawford Home Selling Team. Certified as a Buyer's Age...

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