Mortgage rates have taken a huge dive as shown below. There is no doubt that now is a good time for buyers to jump with these low rates and plenty of inventory to choose from. One thing we do know is that mortgage rates are low right NOW! There is no telling what will come in the future with the elections just around the corner on Nov. 2nd. With a possible shift in Congress there is no telling what will happen next year with the housing industry or mortgage rates. So get it while it's hot folks.
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