Rate State has produced an informative article concerning the home mortgage industry and how buyers and sellers alike can benefit from it.
(PRWEB) May 03, 2013
Mortgage rates this week have reached impressive lows according to Freddie Mac, presenting potential home owners with an ideal market. Affordability has truly been granted through 30-year rates as low as 3.35 percent and 15-year rates at 2.56 percent. In light of this opportunity, Rate State has produced an informative article concerning the home mortgage industry and how buyers and sellers alike can benefit from it.
A leading aspect to this last week’s report relates to the increase in home value. This increase enables home sellers to earn more in the process. When the previously mentioned mortgage rate lows are considered, home buyers are more likely to actually purchase those valuable homes, creating a unique opportunity for both parties. Rate State’s article provides information on mortgage trends, allowing the two sides to adequately prepare for and confidently complete any home transaction.
For 2013, knowledge is the best form of preparation. Learning to avoid pitfalls can be accomplished by visiting sites like Rate State and reading the valuable data therein. As is the case with most markets, home financing and selling can be fickle. To act quickly and become informed is one of the best things buyers and sellers can do.
About Rate State:
Rate State is the provider of a unique and innovative mortgage rate comparison tool. Their online platform enables consumers to reach a wide network of respected lenders across the nation. By simply entering their zipcode, home loan or refinancing seekers can find the best mortgage rates available today.