Melinda O'Donnell, REALTOR®® 

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FOR MILITARY ONLY

TODAY'S WORD OF WISDOM

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Is the Recent Dip in Interest Rates Here To Stay?

 

Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey.

 

After the first week of 2019, rates have continued their downward trend. As Freddie Mac’s Chief Economist Sam Khater says, “Mortgage rates declined to start the new year with the 30-year fixed-rate mortgage dipping to 4.51 percent. Low mortgage rates combined with decelerating home price growth should get prospective homebuyers excited to buy.” In some areas of the country, the combination of rising interest rates and rising home read more

FEATURED LISTING

3 Bedrooms/3 Bathrooms/2 car garage/ 1721 sq.ft/ $285,000 

 

  This amazing home, offers comfort, convenience, & modern finishes throughout. Located in Sundown neighborhood, walking distance to Fred McKown Park and Freedom Elementary school, easy access to shopping, entertainment, & main roads. New carpet, new interior & exterior paint!   Additional highlights include: energy efficient vinyl windows, modern interior paint, auto sprinklers & many more. This home is move-in ready, surrounded by all the modern conveniences 

MLS# 7722500 The Platinum Group

TESTIMONIALS

 

When you look for the highest quality real estate service, whether selling or buying a home in Colorado Springs or the surrounding area, I have the expertise you're looking for.  A real estate transaction can be extremely complicated and time consuming.  As a trained and experienced REALTOR®, I am here to help you ease all your real estate concerns and make it an enjoyable, fun, and memorable experience.  Please look around this website, create a search or contact me for a more detailed/extensive search tailored to your unique needs, or request a free no-obligation Comparative Market Analysis (CMA) to find out what your home's current market value is.