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Christine M. Moran's Blog

Bringing Reality to Real Estate

By Christine Moran Realtor/Notary | Agent in Wilbraham, MA

It's a buyer's market don't miss out

Great deals

You can get a house at value price now . This is a buyer's market. Most of the other buyers have vanished since the tax credits on purchases expired. There are a ton of homes on the market and there are vacant owners who want to get rid of them before the long winter heating season begins.

Mortgages are dirt cheap

You can get a 30-year home loan for about 4.3%.  These are the lowest rates on record. As recently as two years ago, they were over six. That drop slashes your monthly repayment by a fifth. If inflation picks up, you won't see these mortgage rates again. And if we get deflation and rates fall further, you can refinance.

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