Highlands Real Estate, Low Jumbo Loan Rates

Highlands real estate will undoubtedly benefit from jumbo loan rates as it enters the spring season. Rates have hovered lower than expected for the larger loans, which tend to be for amounts of $417,000 or more, due in part to sporadic real estate recovery. While the economy has been getting stronger it remains a great time to buy or refinance a luxury home in Highlands NC.

As real estate recovery takes hole home values rise and lower rates can help offset the increased value of a Highlands property. The average rate for a 30 year fixed rate jumbo loan has been hovering around 4.46%, a great rate for a large loan. Many homes in Highlands NC require a jumbo loan, unless buyers are paying cash and these low rates will undoubtedly make buying a vacation home more attractive for many.

Contact the team at Meadows Mountain Realty today to learn more about buying Highlands real estate. We welcome the opportunity to serve as your local real estate guide, offering an update on current conditions and recommending reputable local lenders. Let our experience and knowledge help you realize your dream of owning a home in Highlands.

Click here to read “Jumbo Mortgage Rates Lower Than Expected” from The Wall Street Journal.

About the Author
BERKSHIRE HATHAWAY HOMESERVICES MEADOWS MOUNTAIN REALTY has been serving the Highlands NC and Cashiers NC areas offering exclusive mountain real estate and country club properties since 2003.

We recognize that there are many important aspects to consider in making a real estate choice. With that in mind, we listen closely to the needs and desires of each individual customer and work diligently to find the ideal mountain property or to sell your property as efficiently and effectively as possible. However, our job does not stop there.

Once you have made your real estate decisions, we are here to help you in any way that we can. It will be our pleasure to familiarize you with all aspects of the Highlands and Cashiers communities, including home, professional and personal services as well as activities, restaurants, health care and shopping. We will go the extra mile to ensure that your experience in the mountains exceeds your expectations.

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