Orange County Real Estate News - Blog
As home loan interest rates pull back again, the market starts to pick up!
This morning the Orange County register reported home loan mortgage rate declines for the sixth consecutive week. This brought the average 30 year fixed interest rate to 6.341% with one point.
With renewed optimism, the real estate market seems to be picking up a little. I personally have noticed buyer call volume tripling over the weekend. If this continues, it might be a happy Christmas after all.
1 Comments:
I have also noticed a pick up in the escrow business over the past couple of weeks, sales and refi's. The interest rates are definitely motivating buyers to take advantage of the current market, while allowing them to maximize on their investment.
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