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Take it LOW and slow... (but not too slow!) It's 2021 and Interest rates remain HISTORICALLY LOW keeping affordability high for home buyers. Fantastic news for home sellers because affordability increases competition, which increases selling price for your home. If you have considered selling your house, but are unsure of what the market is like, give me a call and we can talk specifically about your home, your neighborhood and your city. I study the market all over LA and can give you all the latest info on what your neighbors homes are selling for.
Via Nerd Wallet " On Thursday, Jan. 21, 2021, the average interest rate on a 30-year fixed-rate mortgage dropped one basis point to 2.947% APR. The average rate on a 15-year fixed-rate mortgage was unchanged at 2.491% APR and the average rate on a 5/1 adjustable-rate mortgage was unchanged at 2.995% APR rates are expressed as annual percentage rate, or APR.
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Christina Linda Palomo
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