May 1, 2013
Today’s housing market: The best of three worlds
Low mortgage rates are driving the new home purchase market from both ends−buying and selling. Buyers are eager to lock in on these low rates, but home values are steadily rising as well, making selling a more attractive option to those who might have been holding out.
This is a dynamic lending environment that seems to change daily. It’s been quite some time since we’ve seen this combination of low mortgage rates and rising property values. Visit a branch, call (616 or 800) 242-9790 or go online at lmcu.org/mortgage today to find out more about our mortgage programs or to find a loan officer in your area.