If you are thinking about buying a new home, this is an excellent time to make your move.
Interest rates on home mortgages have hovered near record lows for quite some time.
The housing market has come a long way from when the bubble burst in 2008 and more Americans are finding the dream of homeownership is once again attainable. Prices increased throughout 2012, while sales have continued to post strong numbers during that time. Even with a slowdown in the market during the winter, which is usually expected during that time, housing data has still been positive.
If you are a potential buyer, securing a low interest mortgage can save a significant amount of money in the long run.
With the housing market is coming off of its' best year since the recession, numbers are only expected to continually improve. Those considering a home purchase might want to pull the trigger before interest rates climb to normal levels.
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