Are you considering buying or selling a home in the Huntersville/Birkdale/Birkdale Village areas in 2018. Got some news for you regardless of which side of the transaction you are on.
I have a buyer that has been looking in the area and the good ones get gobbled up so quickly that we have been having a problem.
We just found a great home and scheduled a showing for Saturday 1/13. Home was listed on 1/11! I received an email on the 12th stating it was under contract. ONE DAY!
That is great news for sellers. Price it right and they will come!
No as good news for buyers. Have to be ready to move quickly and this can be unsettling form some! But as the say, it is what it is.
Keep in mind the home was priced right in the sweet spot and was in great condition!
Another Factor going forward!
The Federal Reserve has stated they will probably raise rates 4 times in 2018. We all should keep an eye on this to see how it impacts buying and selling real estate.
Below are the latest interest rates from Wells Fargo.
Current Mortgage Rates for MECKLENBURG
COUNTY, NC
Check
out our rates. I've included below a selection of current rates for a few of
our many products. I'd be happy to discuss options with you and your client
based on their particular needs.
Conforming
Loan Type
|
MI Type
|
Interest Rate
|
APR
|
30-yr fixed
Conforming
|
4.125%
|
4.153%
|
|
VA 30-yr fixed
|
4.000%
|
4.121%
|
|
20-yr fixed
Conforming
|
4.000%
|
4.025%
|
|
15-yr fixed
Conforming
|
3.625%
|
3.657%
|
Jumbo
Loan Type
|
MI Type
|
Interest Rate
|
APR
|
7/1 ARM Jumbo
|
3.625%
|
4.038%
|
|
30-yr fixed Jumbo
|
4.125%
|
4.155%
|
|
VA 30-yr fixed
|
4.125%
|
4.243%
|
|
15-yr fixed Jumbo
|
3.875%
|
3.927%
|
Information displayed is accurate as of 1/13/2018 8:12:05 AM
(CT) and is subject to change without notice.
For
information on the many other loan options we have available, please contact
me. I look forward to hearing from you.
|
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