Interest Rates close at near record low.
Interest rates closed this week at near record low rates. This should help continue the slight rise in home sales. With home prices in Summit County around the same as two years ago this is a great time to get out and see what the market has to offer. If you were thinking of selling your home and moving up this might be the right time to put your home on the market to take advantage of the buyer enthusiasm and get the great interest rates when you finance your new home. Moving into a nicer home with a minimal increase in your monthly payment should be motivation in itself. Please visit the link below for more details on the mortgage rates. It is always advisable to use a local lender to avoid last minute problems that out of town lenders are not familiar with. http://www.realtor.org/RMODaily.nsf/pages/News2009100902?OpenDocument or http://online.wsj.com/public/search/page/3_0466.html?KEYWORDS=mortgage%20rates&mod=DNH_S