Home Amenities Increase While Mortgage Rates Decrease
According to the list of amenities that today’s investors are demanding, today’s average new home would have been classified as a luxury home just a generation ago.
Although the luxurious amenities being built into homes has increased, one thing has decreased, and that’s interest rates. In 1988, 30-year fixed rate loans ranged mostly in the mid-10% range throughout the year.
If you’re thinking of making a move, call your real estate sales associate for the most current market conditions.