Why Are Interest Rates So Low?

In a recent report, the average rate for 30-year mortgages have been shown to fall to 3.63% with 15-year fixed rate being an average of 2.93%.

This is an unexpected low, and economists aren't sure how long it will last.

However, there is some speculation as to WHY they are so low, which is that the price of oil has fallen to its lowest number in nearly a decade. This effects the rate of inflation and, in turn, the rates on mortgages and loans.

While this is a great time to get a mortgage, the opportunity may slip away sooner than you would expect. One estimation from Freddie Mae expects an increase from anywhere to 4% or 5% 30-year fixed rates.

Now is the chance to lock in an amazing rate that could ultimately save you more than $1,000 a year!

For more information on how to get the most out of your mortgage, or about the process of buying a home, call me!

Listing Now Could Put You Ahead of the Game

While larger numbers of homes are sold in the Spring than other seasons, 2015 may see an "early thaw" on the housing market. With unemployment rates lower than the previous low in 2008, it seems that the typical patterns are shifting.

Below are the 10 days with the most listings from last year.

This saw an even earlier start than 2013. With more people able to afford a home and mortgage rates at a record low, listing early could put you in a better position to have your home sold to those who have been looking even since 2014.

Call me today to find out your best course of action to get the most possible for your home or simply find out more about the current market.

Setting and Achieving Your 2015 Goals

As easy as it is to set a goal, if you don't set a realistic one and follow through with it, you're not being fair to yourself. Use these keys to help keep your goals and have a successful new year.

With these in mind, I hope it can help you to turn over a new leaf or finish that resolution you set your sights on.