The current low rates are a true lure to buying Highlands NC real estate. The nation’s weak economic data and slow growth is helping to keep interest rates down, hovering at levels near 50 year lows. These rates are great for Highlands real estate, adding to affordability and enabling buyers to save a great deal of money over the lifetime of a loan.
A sampling of current rate averages:
- 30 year fixed-rate mortgage: 4.22%
- 15 year fixed-rate mortgage: 3.39%
- 5 year adjustable-rate mortgage (ARM): 2.96%
- 1 year adjustable-rate mortgage (ARM): 2.89%
The low mortgage rates are the one positive to the nation’s overall real estate market. There are a number of Highlands NC properties that are already a bargain, low rates adding to a better bottom-line. Highlands is an extremely appealing area to call home, or second home, and there could not be a better time to look at investing in real estate here.
Contact us today to learn more about the fantastic Highlands real estate opportunities that exist at the moment. Highlands NC will always have location going for it, which keeps home values from dropping as drastically as they have in other parts of the country. The timing is here, take advantage of low rates and invest in Highlands NC real estate, you won’t be disappointed.
For more information about Highlands and Cashiers North Carolina, and for access to the HighlandsNC/CashiersNC MLS, contact Meadows Mountain Realty today, 828-526-1717 or email us today at [email protected].