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Now’s Still A Great Time To Get A Low Interest Rate
By Norman Brown | December 14, 2009
It’s still a good time for real estate buyers to get a mortgage loan under 5 percent. Last year around this time, the average rates were hovering around 5.48 percent and it has declined over the succeeding months. So, it’s a great time to buy a home or condo with rates this low and prices considerably lower when compared to a few years ago.
Lower rates have also increased loan applications to buy and re-financing, but the experts believed that this will not last much longer. They expect the rates to rise within the next 60 to 90 days. I encourages you to call your banker today and get a quote if you’re thinking about buying in the next couple months.
Norman Brown
REALTOR®
(850) 368-8990
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