The 4% mortgage is back! The average rate on a 30-year fixed rate mortgage was down nearly a quarter point this week from a week earlier, its biggest drop in over a decade. Mortgage rates are fast approaching 4%, low enough to help the housing market rebound as the spring season approaches.
There’s something about springtime with blooming flowers and nature awakening after a winter season that can make us want to spruce up our homes. Or maybe even make a move to a new dream home in a community with amenities aplenty and energy efficient construction.
Consumer opinions about homebuying continue improving in Q1 2019, with 65% of respondents in a National Association of Realtor’s survey of households saying they believe now is a good time to buy a home and 37% strongly holding that opinion.
Tehaleh, Washington’s best-selling new-home community, walks potential home buyers through the decision points in purchasing a new house in the Pacific Northwest. Home shoppers can discover some of the resources and their options of buying a new home in Tehaleh, just a short drive from Seattle.
Whether it is a backyard for Fido or that you are ready to start paying your own mortgage, and not that of your landlord’s, many first-time homeowners are seeing the benefits of buying a new home rather than paying rent with no tax benefit or return on investment.