A recent article in the Morning News reports that the Florence area’s housing market is headed in the right direction. With interest rates at all time lows and home values rising, now is a good time to consider building your dream home. Full article here.
Mortgage Rates to Remain Low
The Federal Reserve will continue to try to push long term interest rates lower in an effort to encourage borrowing and rev up the economy. That means mortgage interest rates will most likely remain low for the foreseeable future. That’s good news for those that can qualify for a new home mortgage. Now is certainly the time to put that new home plan into action. Although it appears that interest rates will continue to stay low for a while, it’s very difficult to determine how long they will last. Call Hopkins Builders today to discuss your new dream home.