I am asked this question a lot here lately and the answer is yes! Even though the interest have crept up a bit, the national average is still low compared to the history of interest rates for
Is it still a good time to buy and or sell?
Dated: September 20 2022
Views: 26
I am asked this question a lot here lately and the answer is yes! Even though the interest have crept up a bit, the national average is still low compared to the history of interest rates for real estate! The natural flow of interest rates throughout history has been up and down based on the economy and just think, in the 1980's the interest rate was 14-20% so with that said, these rates of 6% or less are not bad! Also, if you do happen to purchase a home with a higher rate at this time, you can always refinance in the future when rates decrease.
I would love to talk with you more about real estate and if you would like to purchase or sell your home!
Barbara Smith
As a full-time professional real estate agent working in the Front Royal, VA area, I pride myself on offering superior personal service before, during, and after your transaction. Knowledge, commitmen....
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