Rockville Centre Mortgage Market

Right now, homebuyers and homeowners can get a mortgage at the lowest rates in recorded financial history. The 30-year-fixed rate dropped from 3.98% to 3.87%, and the 15-year-fixed rate fell to a record 3.14%. This is an excellent opportunity for struggling homeowners to refinance or first time homebuyers to get an incredible rate on a mortgage. Credit standards are still tough, so consider your financial portfolio and consolidate any outstanding debt.

The low rates have already seen a slight improvement in the housing market, including a slight rise in home prices. With the national economy nearly at bottom, the market is ripe for investing small and appreciating big. Homes in Rockville Centre are always a smart investment, and with rates this low, you can get in for less!

If you’re interested in exploring properties in Rockville Centre or elsewhere in NY, contact your local expert Kevin Leatherman at (516) 740-5530 to get started today!

Read current Rockville Centre properties news or browse current properties on the market on our Rockville Centre NY listings search.

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Rockville Centre Mortgage Market

Rockville Centre Mortgage Market

Rockville Centre Mortgage Market

Right now, homebuyers and homeowners can get a mortgage at the lowest rates in recorded financial history. The 30-year-fixed rate dropped from 3.98% to 3.87%, and the 15-year-fixed rate fell to a record 3.14%. This is an excellent opportunity for struggling homeowners to refinance or first time hombuyers to get an incredible rate on a mortgage. Credit standards are still tough, so consider your financial portfolio and consolidate any outstanding debt.

The low rates have already seen a slight improvement in the housing market, including a slight rise in home prices. With the national economy nearly at bottom, the market is ripe for investing small and appreciating big. Homes in Rockville Centre are always a smart investment, and with rates this low, you can get in for less!

If you’re interested in exploring properties in Rockville Centre or elsewhere in NY, contact your local expert Kevin Leatherman at (516) 740-5530 to get started today!

Read current Rockville Centre homes for sale news or browse current properties on the market on our Rockville Centre property search.

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Rockville Centre Market Update

Rockville Centre Market Update

Rockville Centre Market Update

Now is a great time to get a terrific deal on an undervalued piece of Rockville real estate. In the past year, median sales prices crept up 4% to $622,500. For that price, you can find a pristine four bedroom, three bathroom colonial on beautifully landscaped grounds. Home sales have fallen over 13% in the past year, and buyers can take advantage of anxious sellers to get a good discount on a home. Also, scour the market for foreclosure and short sale properties – these are often great value homes that will save you a lot of money.

When you’re negotiating, if sellers are unwilling to budge on price, ask about the extras like closing costs, furniture or home warranties. This is a buyer’s market and sellers know that. You can walk away with a steal of a deal and then laugh your way to the bank in a few years once your new home begins appreciating. Shop the market now before prices head up!

If you’re interested in exploring properties in Rockville Centre or elsewhere in NY, contact your local expert Kevin Leatherman at (516) 740-5530 to get started today!

Read current Rockville Centre NY properties news or browse current properties on the market on our Rockville Centre real estate search.

Continue Reading »