Mortgage rates on a 30 year fixed mortgage fell slightly to 4.10% from 4.11% last week. This is slightly higher than the record low in the rate, earlier this month. Three weeks ago, the rate dropped to 3.94%. That was the lowest rate EVER on record according to The National Bureau of Economic Research.
What an incredible time to be a buyer in the Scottsdale real estate market. If you can qualify for a mortgage, they are practically giving away money for free. Combine this with a huge drop in the price of Scottsdale homes and it a historical opportunity. Now is the time to jump into a Scottsdale condo or home. Take advantage of current conditions to purchase a great investment property or vacation home. Call me at (602) 791-0536 to start your search. I specialize in Scottsdale real estate and am in the top 1% of all Arizona real estate agents.
Carmen Brodeur JD
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260