As we all know interest rates have been rising over the last 6-9 months but they have started trending in the right direction once again. Over the last 90 days, we have seen rates consistently coming down into the high 5% to low 6% range which historically is a very good rate.
There are also other ways to get the rate down when purchasing a home. Speak with your lender and Real Estate Agent about the benefits of a rate buy-down.
