
Summer Housing Market News
John L. Scott January 2017 Real Estate Update – Eastside
Rate Predictions – Freddie Mac Says Estimates Are Better Than Expected!

What We Have Heard About Rates: We have all heard the rumors that interest rates will be rising soon. This article from Realtor Magazine shows us that there is good news! Freddie Mac is saying that buyers will be able to take advantage of these great rates for longer than was predicted. The great news is that the low rates we have right now will be good into 2017 - you can't beat that. What Does That Mean? What’s that translate for rates? Economists predict the 30-year fixed-rate mortgage … Continue reading...