Historically Low Interest Rates Mean More Buying Power

Mortgage interest rates have fallen again! This time to rates below 3% for a 30 year fixed mortgage! These historic lows mean that a buyer may be able to get more house than what they originally thought. This also gives buyers more buying power when making an offer because they may be able to put in a higher bid. These interest rates put more money in your pocket and can help you get the house you want.

We caught up with one of our preferred lenders, Kevin Polakovich from Treadstone Funding, to talk about interest rates and what the future of rates may look like over the next year. Check out the video below!

Looking for your next home? We’d love to help out! Contact us today to start talking with one of our agents!