As interest rates on fixed-rate mortgage loans continue to decline into uncharted territory, you should ask yourself, is now the time to invest in real estate. A lot of people are cautious because they are unsure about their jobs and future employment, but for those in a stable job situation, now is a great time to buy.
Rates on 30-year fixed-rate mortgage loans have dropped to 3.99 for those with the best credit ratings. This rate is the lowest since 1971 according to Freddie Mac in their news release, Primary Mortgage Market Survey. But even if you don’t have a spectacular credit score you can still qualify for a low interest loan compared to what we were paying 3 years ago and believe it or not there are still some 100% financing loans here, in Paducah, KY.
If you are ready to start looking, give me or your favorite REALTOR® a call!
Karen Stone, REALTOR®
Residential & Commercial Sales
Century 21 Service
Residential & Commercial Sales
Century 21 Service
C: 270 366-4614
O: 270 442-2100
O: 270 442-2100
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