Undeniably, Kyle Farm has been selling rapidly with five homes sold in January. With that in mind, now may be the perfect time to put your new home under contract for early summer move-in dates.
Why should you buy your new home now?
Historically Low Mortgage Rates
Mortgage rates are still at historic lows. On the week ending March 12, projections of 30-year fixed rates rose for the 1st time in 3-weeks. The good news is that they only increased by six basis points to 3.36%. Even though rates were on the rise in the week, the rates have come down 95 basis points, year-on-year with a peak in November 2018 of 4.94%.