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Mortgage Rates Are Raising – Act Now To Lock In A Lower Rate

The average mortgage rate on a 30 year loan has increased 5% and is now hovering around 5.3% this week. While this could be a threat to the now recovering real estate market there are great purchasing opportunities and there is still time to purchase a home at historically low interest rates.

With the national economy starting to recover the Feds discounted rates for banks are starting to rise as predicted in January 2010.

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About the author:

Kyle Hogan

Kyle Hogan is full time Realtor, Broker Associate and Sales Executive at Keller Williams Realty of Brevard. Kyle has used his knowledge of customer relations, excellent sales skills and phenomenal marketing abilities to become a respected and recognized name in the competitive Brevard Real Estate market.

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