Interest Rates at LOW! Good news for buyers in the Sedona Real Estate Market
The average interest rate for 30-year mortgages has fallen to the lowest level since Freddie Mac began compiling its weekly survey in 1971, declining to 4.71 percent this week from 4.78 percent a week ago. That is great news for the entire real estate market and should help the Sedona Real Estate Market with it's continued buyer frenzy. Also, the Feds have FINALLY put in guidelines to motivate Lenders to deal with the whole Short Sale Situation. That will also help Sedona AZ Home Seller's move their inventory so that a home doesn't go to Foreclosure. Hopefully it means that we will be seeing less Foreclosures and more Short Sales going through. For all your buying needs contact me via the web at www.barbarabaker com, email at barbara@barbarabaker.com, twitter at sedona home, facebook at barbara hooyman baker, and the old fashioned way - 928-301-0669.