I asked Katie Hughes with Prospect Mortgage to give me her Home Shopping Holiday Bargain advice!
Mortgage rates have dropped AGAIN and are at their lowest point in generations. Here’s what she said about the Tampa Bay Housing Market:
If you have been on the fence about buying or refinancing a home, now is the time to act.
Interest rates are at their lowest since the 1960s and home prices in some areas are at 2003-2004 levels. Add to that recent declines in energy prices and lower consumer interest rates, and you have a great holiday recipe for success.
In many markets, falling prices are bringing out buyers who have been waiting patiently to buy, and now they are scooping up hot properties.
Rates have been very volatile; and this great opportunity might not survive the holidays!
If you would like to get in touch with Katie send us and email: info@thetamparealestateinsider.com and we will let her know you are interested in getting a good faith estimate to see what you can qualify for.