Sharron Kelley, Vernon Hills Real Estate
Buyers of Vernon Hills real estate take note, rates have once again hit all time lows. This week the average rate for a traditional 30 year fixed rate loan was 3.79%, offering exceptional savings to today’s buyer. 15 year loans are also offering incredible rates, at just over 3%.
Pre-qualification for a home loan is an important first step when buying Vernon Hills real estate. Knowing what you can afford versus what you would like to afford helps to make sure that you are looking at Vernon Hills homes that you will be able to buy. The current low rates are luring many buyers off of the sidelines and into home ownership.
Vernon Hills real estate is benefiting from global uncertainty. The US economy is showing strong signs of recovery but issues abroad are helping to keep our rates down, which is great for buyers of Vernon Hills property. Nationally we have had quite a bit of positive news this week, with data showing an improvement in new construction, and a general feeling of the bottom having been reached.
Contact me, Sharron Kelley, today to learn more about current market conditions with regards to Vernon Hills real estate. As an experienced Vernon Hills REALTOR® I can help recommend lenders so that you can pre-qualify for a loan. The next step in buying is determining your wants and needs in a new home, at which point I will compile a list of Vernon Hills homes for you to start looking at. There couldn’t be a better time to be a buyer, let me help you navigate the process with ease!
Click here to read “Fixed Mortgage Rates Hit Record Lows Again” from Realty Times.
As a Vernon Hills REALTOR® I take pride in providing information about what is going on in Vernon Hills, whether it is about homes, festivals, concerts and more. If you would like more information on Vernon Hills Real Estate, contact me, Sharron Kelley at 847-465-3638 or email me at Sharron@NorthernIllinoisHomes.com. Visit my website www.NorthernIllinoisHomes.com for all of your real estate needs.
