Anyone buying Highlands real estate today benefits from mortgage rates that are still quite low. Fixed rates for a traditional 30 year mortgage are currently averaging roughly 3.8%, one of the lowest rates seen in the past year. At the same time, a 15 year loan is averaging around 3.09%. These low rates are great news for anyone looking to buy or refinance real estate in the Highlands NC area.
Low rates can save a home buyer tens of thousands of dollars over the life of a loan, if not hundreds of thousands. This adds greatly to a home’s affordability. If you have been considering buying a new home, whether a vacation property or a primary residence, now is a great time. Make an appointment today with a Highlands REALTOR to discuss buying a home and take advantage of these great rates.
Contact me, Lynn Kimball, today for more information on buying Highlands real estate. I welcome the opportunity to update you on current market conditions while recommending reputable local lenders at the same time. Let my knowledge and experience work to your advantage for all of your Highlands real estate needs.
Click here to read “Home Buying Gets Cheaper This Week” from Realtor Magazine.