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Interest Rates Dropping as Market Gets Stronger

Posted By Wally Reule @ Mar 26th 2015 6:52pm In: Sedona Real Estate Market News

According to an article in today, all of the housing news this week has been good—home sales are up for both resales and new construction—and now interest rates have moved lower.  And home buyers seem to be taking advantage of what industry insiders believe to be the last days of low mortgage rates.The 30-year fixed-rate mortgage averaged 3.69% this week, down from 3.78% last week. It was 4.4% a year ago this time. And all of this coincides with one of the most beautiful times in Sedona. But then again, there are no coincidences in Sedona!

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