An Investment in your Future and your Lifestyle in Summit CountyPosted by Breckenridge Associates Real Estate on
The Fed met in September and held bank’s key interest rate, pushing speculation of a probable December rate hike higher. Since the mortgage market often moves in anticipation of a Fed rate hike, a correction after a meeting without a rate hike is not uncommon. So right now we are in the sweet spot of low interest rates in response to the September meeting, but before anticipation of the expected December rate hike.
What does that mean for you- the real estate Buyer or Seller? We may see more interest in the market as we march towards what could be the end of record low mortgage rates.
It’s good to be looking in Summit and Park County now, as our summer high season is waning and sales activity have peaked. You can take a breath, look around, see the…
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