Freddie Mac's Primary Mortgage Market Survey reported a decline in mortgage interest rates this past week The first drop in rates in the past five weeks. Rates on a 30-year fixed-rate mortgage averaged 6.69 percent, down from last week's 6.71 percent.
A drop in interest rates is always good news for Highland County home buyers, but it is especially good news during the spring/summer selling season when inventories are at their highest levels of the year and when the majority of buyers are looking to buy.
Thinking of buying a home? You can get a list of Highland County homes for sale as they hit the market. Simply, click here!
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