Rates Take a Dip this Week 12/3
Rates close out at 5.35% making it the lowest drop since the beginning of the year. I was watching Fox News yesterday and they said that the Treasury Department was considering dropping rates even further to 4.5% in order to ignite the housing industry. Things are looking up. Buyers really do have everything on their side now. With the combination of the decreasing rates and home prices at drastically reduced prices, home buyers can now qualify for homes that they couldn’t even come close to a few years ago. My site is the most comprehensive and informative real estate site in Hampton Roads (I know, I’m biased) so check it out if you’re in the market to purchase and let me know how I can assist you.
www.HomesAndFood.com is dedicated to exploring where we live and what we eat with an emphasis on Hampton Roads. Here you will find an abundance of articles and tips pertaining to recipes, interior design, home improvement, cooking supplies, and even real estate. Hampton Roads is comprised of 7 major cities in Virginia: Virginia Beach, Chesapeake, Norfolk, Suffolk, Portsmouth, Hampton, and Newport News.
