Fort Lauderdale Real Estate | Mortgage Rates Record Low
According to CNNMoney, mortgage rates hit an all time low of 2.66% for 15 year mortgages and the 30 year mortgage averages 3.37%. Rates have come down again after the Federal reserve announced in September to buy up to $40 billion a month of mortgage backed securities to help the economic recovery.
Now is definitely the time to buy in the Fort Lauderdale Real Estate market. We have extremely low inventory right now causing prices to rise slightly, but with these types of mortgage rates you can’t go wrong. Its becoming a seller’s market.
Call Dale Palmer & Associates at 954-895-8999 or contact us today
to start your search for real estate in the Fort Lauderdale area and
all of Broward County.
To view active homes or condos for sale from our MLS system,
please see our Fort Lauderdale Real Estate webpage.