The Latest with Interest Rates - July 20, 2021

According to local lender information, rates are still hovering around all-time lows. Average interest rates for good credit borrowers are just under 3%, making this an excellent time to purchase a home.

Something else to note about the market is that we have begun to see increased inventory, making more options available to buyers. Pairing more inventory with lower interest rates makes an ideal buying scenario for homebuyers. Our home sellers are also benefiting from this market because they are now able to price their house for what they are needing to net while also having more available options for where they might need to move after their house sale.

Our team is equipped and eager to serve you and your real estate needs. We have been successful and aggressive with serving our clients to ensure that they get into the home of their dreams at a great price. Interest rates are still great, and more inventory is coming to the market. 

For more questions on this or to see how we can get you in contact with one of our preferred lenders, give our office a call at 512-537-4977 today.