Welcome Home
Make yourself at home in the Tri-State with local Realtor Todd Nelson. Find out current market conditions in the area, what to do to prepare your home to sell, remodeling tips to maximize value, where new subdivisions are being built, about current interest rates and more.

Thursday, April 10, 2008

The interest rates are beginning to be more and more unpredictable

Interest rates have been all over the place in recent weeks. Most recently interest rates for mortgages have begun to fall again. This week a local mortgage broker was quoting 5.875% on a 30 year fixed interest rate mortgage. 100% financing options are beginning to be harder to find in recent weeks with lending guideline changes. Call your local lender to find out more details. If you were on the fence about buying a home, now might be the time to make a decision. Email me as well if you should have any questions on real estate at todd@toddnelson.com.