Mortgage Rates Drop

There’s great news about mortgage rates for current and near future homebuyers who will need or want to obtain a mortgage. The 30 year fixed-rate mortgage dropped to 3.54 last week from a 3.60 percent the previous week.  A year ago, it was 4 percent.  I won’t try to explain the reason for the rate drop, however, I’m attaching a link to Florida Realtors website should you want to know more.

http://www.floridarealtors.org/NewsAndEvents/article.cfm?p=1&id=339290

My point, with the still low interest rates and a great real estate market, it just may be the time to take the plunge.

Don’t hesitate to call me at 386-566-7503 or email us using the contact link above for all your real estate needs. You can also browse and search Daytona Beach homes.