First the interest rate drop. Interest rates have dropped considerably in the last week and a half with the 30 year fixed rate mortgage falling from 6.20% to just 5.60%. A more than welcome decrease. Interest rates do continue to be very volitale. This article on the CNBC website provides more details on the volitility. FHA financing is the new trend in home mortages. I will provide an update and more information on this in the next few days.
And what a little bit of paint can do for the appearance of a home listed for sale. Especially in today’s real estate market, anything that can be done to make your home show better and be more appealing should be done. The freshness of a new coat of paint both visually and in the fresh smell when you walk in the door are hard to deny. This is a great home in West Chester, Ohio, listed for $165,000 and is now freshly painted throughout most of the interior.
Your comments and questions are always welcome!