Sunday, August 21, 2011

30-YEAR MOTGAGE RATE FALLS TO LOWEST ON RECORD

If you are thinking of purchasing a home, there is no time like the present. The average rate on a 30-year fixed mortgage has fallen to its lowest level on records dating to 1971. The was reported in the Billings Gazette on Friday.

The rate on the most popular mortgage dipped to 4.15 person from 4.32 percent a week ago, Freddie Mac said Thursday. Its previous low of 4.17 percent was reached in November.

The last time long-term rates were lower was in the 1950's.

Call Billings Real Estate Professionals and let us help you find your new home.

Wednesday, August 3, 2011

GOOGLE BEFORE YOU BUY

Sellers may want to google in order to see recently sold property in their area and also what other information prospective buyers may find.

Buyers will also find recently sold properties in the area. They could also find crime reports and foreclsorure reports for the area. There may be personal information about the homeowner that could influence how a prospective buyer negotiates an offer.

Unusual finds could include historic information about the neighborhood.

Call Billings Real Estate Professionals for all of your real estate needs.