According to the Mortgage Bankers Association’s forecast, mortgage
rates are projected to rise above 5% in 2014, with a 5.3% average in 2015.
Mortgage rates reported this week by the Mortgage
Bankers Association are the lowest since June, averaging 4.33%, which is much
lower than next years’ forecast. Currently the Federal Reserve has an $85 billion per month
bond-purchasing program, which the MBA expects them to slowly cutback and
eventually end it all together. This
means that mortgage refinancing will continue to drop and less will tap in to
the equity in their homes. If you have been thinking about refinancing or purchasing a
home in the valley, now would be an ideal time!!!
Author:Carlie Goulet Emily Duarte Phone: 480-999-2338 Dated: November 15th 2013 Views: 7,972 About Carlie Goulet: What We Stand For
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Lux Home Group at Keller Williams Realty is comprised of FULL TIME real estate professionals in the Phoenix area. Real Estate is not only our job, it is our passion. So, if you are interested in buying, selling, or renting a home in the greater Phoenix Metropolitan Area, or you would like to get involved in the fabulous world of real estate sales or investing, give us a call at 480-788-9660 or email us at Info@LuxHomeGroup.com. If you just want to hang out with some super fabulous people...you can call us for that, too.
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"As a seasoned real estate investor, I have had the pleasure (sarcastic) of working with numerous real estate agents throughout the country. Finding Carlie was like hitting the real estate jackpot in the Arizona real estate community. She would comp out properties, submit offers and bring me the creme de la creme for my real estate portfolio. If only there was one of her in every state!!! "