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Average mortgage rate is up
September 12, 2010

If you are looking to purchase a home, now is the time to do it. I wouldn’t put it off much longer. Mortgage rates went up slightly last week to 4.35%. That means they are off the decades low of 4.32% that was tracked in 1971 by Freddie Mac. Fears about the economy are starting to ease. I have talked to several loan officers and they believe it will only be a matter of time before the interest rates are raised again. Home prices in Hernando, Pasco, Pinellas and Hillsborough counties are still very reasonable. Take advantage of the low interest rates. Start looking for your new home today. Call Tropic Shores Realty and I will help you find the home of your dreams.