Mortgage interest rates are now at their lowest levels of the year, according to a Wall Street Journal article released just last week. Experts say rates could dive as low as 4.5% in the next few months. Low rates mean home-buyers have a great opportunity to buy a home with lower mortgage payments. For every 1% reduction in the interest rate, it is like getting a 10% reduction in the home price making it a great time to make a “move.” Economists have attributed the drop in mortgage interest rates to a surge of international investment in the U.S. bond market. Call us today for a Free Market Analysis, (305) 446-2001. We Need Listings.
Four times a year, Jeannett publishes " Jeannett's Journal" which is distributed directly to well over 18,000 residences in Coral Gables. The magazine encompasses Coral Gables news, Culture, and Business. We devote several pages to Real Estate and below you can find the most recent update on what is going on in the Gables, when it comes to selling single-family homes.. Click here to Jeannett's Journal.
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