Tagged : Mortgage Interest Rates 
There are currently 1 blog entries matching this tag.
MONEY'S NEVER BEEN CHEAPER
Wednesday, May 11th, 2011 at 8:43pm. 632 Views, 0 Comments.
Amazingly 30-year fixed rate mortgages on Hilton Head Island and Bluffton, South Carolina, have been hovering around 4.8%. Our local rates track with the national averages. The chart above displays the historic proportion of today’s rock bottom interest rates with graphic clarity. MIND-BLOWING. The interest rates of the last 16 months are below all previous records tracked by Freddie Mac. Mortgage money has never been “cheaper” at a time when home prices couldn’t be more attractive.
These history-making low rates combined with an almost unprecedented drop in home values have made the monthly cost of owning a home today, according to the National Association of Realtors, the lowest since records began in 1970.
And there is no place for current interest rates…
Area Quick Search
Your Navigation
Featured Communities
This Web site brought to you by:
Featured Listings
Latest Blog Entries
When the Prophet Says Buy. BUY!
John R. Talbott, previously a Goldman Sachs investment banker, is a bestselling author and economic consultant. When it comes to the housing market he is also a prophet. When housing prices started to skyrocket in 2003, he published The Coming Crash …
Read Full Post...HILTON HEAD ISLAND-BLUFFTON REAL ESTATE - #1 IN SOUTH CAROLINA
The latest stats are in. Through November the Hilton Head Island-Bluffton area is again the #1 real estate market in South Carolina. And it has been #1 for 21 straight months. According to the South Carolina Association of Realtors, the numbe…
Read Full Post...