Yep, the mortgage rates are still lower than any of us have seen in 50 years… this is huge. If you haven’t bought something yet, do it before this changes. Seriously… even if prices dropped (which isn’t likely from what we are seeing) but rates increased, you may be paying more than you would if you took the plunge today. See this interesting graphic:
Here we are just a small amount up in inventory from last month. Hey…we’ll take it!! It was getting crazy out there…maybe the property fights will die down a little! LOL
