Thursday, April 23, 2015

Why Rates are Low?


It was announced that the housing market this year will have stronger growth but while interest rates are expected to remain low. Thinking of buying a house this year? Should you take advantage of the low rates? Should you lock in? Experts explained that one of the reason why rates are low is because of low oil costs. 

Consumers have lower import costs of goods and will have an increase with their cash flow. Another reason stated was the fall of treasury rate, because when treasury rate falls, interest rates fall. Experts suggest that if you’re serious and have current financial stability, buying now makes sense. Fixed mortgage rates are expected to remain and are moving forward with solid home sales. 

Call homes for sale in Fort Worth Texas so we can provide you with greater details.  We are waiting to show you homes that will capture your attention with complete property details, virtual tours and photos. Take advantage of the low rates and lock in now!

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