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.

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.

BUY NOW OR PAY MORE LATER

With all the talk of possible US Government default, it's enough to make anyone nervous and hesitate to make any long term commitments. However it comes out, the end result will most certainly be an increase in interest rates because we are in danger of losing the governments AAA credit raing which will mean that every dollar that the government borrows will cost more in interest. The downgraded federal credit rating will also mean that many states and local city governments will also experience a reduced credit raing because of the dependence on federal funds. All this will equal increased interest rates across the board for everything. These increased costs will thereby fuel inflation, putting added pressure on rising interest rates. So if you are seriously considering buy a home, now is the time before interest rates rise. Call Billings Real Estate Professsionals or Larry or Jo Ann Thomas at Laurel Real Estate Professionals 406-628-2903 or cell 406-545-9249 and let us find your home today and lock in your interest rate with your lender now!!!

MORTGAGE RATES HIT A 2-MONTH HIGH

Mortgage rates increased for the second week in a row and the third time in the last four weeks. As investors grapple with the state of the US economyic recovery, quarterly corporate earnings and a dealine for increasing the debit ceiling, mortgage rates could increase.

If you are purchasing a home, you might want to lock in your mortgage rate.

For all your real estate needs contact Billings Real Estate Professionals

DOS & DON'TS FOR OPEN HOUSES

1. Use Open houses as a convenient time for touring homes with your agent.





2. Open every door if you are serviously interested in a home.





3. Don't open every drawer--do not look in personal drawers to furniture





4. Offer hospitality to buyers--make sure there is parking





5. Intensively clean and de-odorize the place





6. Don't overdo the sensory staging--some people have severe allergies





7. Don't underdo the curb appeal, landscaping and exterior prep





8. Take the take-aways--fliers that you can note your reactions

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

BEFORE YOU LIST YOUR HOME

OUTSIDE

1. Go around the house and move all garbage cans, discarded wood etc.



2. Check gutters and roof for dry rot and moss. Make sure they are clean



3. Looks at all plants. Keep plants from blocking windows. You can't sell a house if you cannot see it!



4. Remove any dead plants.



5. Keep your lawn freshly cut, edged and fertilized.



6. Clear patios or decks of all small items.



7. Check the condition of the paint on your home. First impression or "curb appeal" is very important.

Call Billings Real Estate Professionals to list or purchase a home. We have agents ready and willing to help you with all your real estate needs.

NOW IS THE TIME TO BUY

Interest rates have never been lower. This is a great time to purchase a home.

Call Billings Real Estate Professionals for professional help with your home purchase or to list and sell your home.