What If I Wait Until Next Year to Buy a Home?We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have
Mortgage Rates Are CRAZY LOW For Fairfax County Home Buyers
Mortgage rates for the 30-year fixed mortgages dropped this week, with the current rate for borrowers in Fairfax County, Loudoun County and Arlington County were Quoted by Zillow at 3.56 percent, down 2 basis points from this time last week.
The 30-year fixed mortgage rate hovered between 3.53 percent and 3.77 percent for most of the week, dropping to 3.46 percent on Friday before returning to the current rate.
"Rates edged down late last week, hitting new 20-month lows before inching up slightly on Monday," said Erin Lantz, VP of Mortgages at Zillow.
This means for Fairfax County, Loudoun County, and Arlington County Home buyers are starting to make moves on the inventory that is currently out there and there is much opportunity to purchase a home at a great price.
Home Sellers in Fairfax, Loudoun, and Arlington getting ready to sell this spring should start talking to a real estate professional or listing specialist to make sure every detail is understood and a path to success can be made.
The Kenney Team Listing Specialist is helping home sellers all over Northern Virginia and the Washington Dc Metro Area , especially in Fairfax, Loudoun and Arlington Counties sell their homes quickly and for top dollar. If you want more information about working with our listing specialist call 703.731.9208
I grew up in Fairfax County and playing sports throughout the area. As an adult I have been running my own company for almost 10 years. I took a struggling franchise and grew it into the largest of i....