Rates Favorable for Arlington and Mansfield Homebuyers
According to Freddie Mac’s recently released Primary Mortgage Market Survey (PMMS), both 30-Year and 15-Year fixed-rate mortgage (FRM) rates are at record lows. This is great news for Arlington and Mansfield, Texas homebuyers. With these all time lows, homebuyers are expected to keep on keeping the real estate market hot.
The rate is now hovering at 4.54% for 30-Year FRM’s, down from 4.56% just a couple of weeks ago. The rate for 15-Year FRM’s is now at 4%, down from 4.03%, another record low. This is great news for Arlington and Mansfield homebuyers! There are lots of new and previously-inhabited homes on the market and there are some seriously great deals available.
Homebuyers can save in many ways. Lowered interested rates coupled with affordable home prices mean buyers will continue the trend of increased home sales. Now is the time for buyers to get the most for their money before home prices increase in the near future.
Contact a qualified and experienced real estate agent today to find out more about available Arlington and Mansfield homes. Taking advantage of favorable market conditions can literally save homebuyers thousands of dollars on their home.
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