Thursday, January 15, 2015

Mortgage rates at their lowest levels since May 2013! MUST READ!

*Credit for article & information: CNN.com/money*

Great read for anyone who is currently looking to buy/sell; as well as those who may act in the future.

Very intersting article here about mortgage rates & how these low rates (which are at their lowest since May 2013) are driving the housing market in a positive direction.  Refinances as well as initial mortgage applications are up over 50% this week (which marks its strongest weekly gain since November 2008).

http://money.cnn.com/2015/01/15/news/economy/mortgage-applications-soar/index.html?iid=SF_BN_Lead