Rate State has provided an online home mortgage comparison tool, allowing potential homeowners to see their available options for purchasing.
Seattle, Washington (PRWEB) March 12, 2013
That the housing market has been fluctuating over the last several years is now surprise to the average homeowner. But, what may be surprising to home owners is the rise in market for those looking to sell.
Interest rates are almost as low as they have ever been which has helped grow the mortgage industry as it shoots forward from a shrinking supply of homes on the market.
Paul Diggle, who is the property economist for Capital Economics Ltd. In London, wrote in a note to his clients that, “house prices rose strongly at the start of 2013 and are likely to perform well across the year as a whole.”
Interesting enough, Fannie Mae released a survey showing that 48 percent of Americans think that there will be a rise in home prices over the next 12 months.
In this market, home mortgages have become an option within reach for renters or homeowners looking to purchase a first or new home. Rate State has provided a tool for potential homeowners to see the options that are available to them and thereby make the best decision they can based on those options.
The comparison tool makes it possible for consumers to make an informed choice, choosing which lender will work best with their financial options and history.
About Rate State
Rate State is a local resource for consumers wanting to find the best route for getting a home loan. Their goal is to inform homeowners of their available options using the best free tools at hand.