Thursday, November 10, 2011

Buying a Home in Wheaton or Glen Ellyn

Check out this graph below which accurately depicts the trend of 30 year fixed-rate mortgages in the US over the past thirty years. In 1981 the average home buyer locking in a mortgage received an average interest rate of 16.63%. Over the past 2 weeks, we have seen rates go down as low as 3.75%.  The average interest rate over the 30 year time span was right at 8.74%. If you are on the fence about purchasing, this chart should convince you that buying a home has really never been more affordable.
 
To browse available homes in your area visit WheatonHomes4Sale.com and begin your property search today. Want to learn how to get started in taking advantage of these rock bottom interest rates? Email Katie Oakes at KatieOakes@KW.com .

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