Thinking of buying a house in fabulous Orange County, CA? Now is your time. Not only have I recently listed several gorgeous homes in South Orange County, but US mortgage rates have fallen to record lows. Stagnant job growth and realistic concerns that Europe’s debt crisis is deepening has driven investors to the relative safety of government bonds — making it possible for you to make an offer on the Orange County home you’ve always wanted.
According to a statement released by Freddie Mac today, the average rate for a 30-year fixed loan dropped from 4.22% to 4.12& in the week ending today; the lowest in the company’s records dating back to 1971. That’s not all: the average 15-year rate fell to 3.33% from 3.39%. If you have a secure job and good credit, there’s no reason you shouldn’t apply and qualify for a loan to purchase your dream Orange County home.
Take advantage of this struggling economy and these low mortgage rates — purchase your beautiful South Orange County home today!
Call experienced and knowledgeable Orange County realtor Cheryl Marquis today if you are interested in buying or selling your Orange County home.