If you need any additional incentive to purchase your first or next property in 2014, consider the above chart which shows mortgage interest rate projections for the first quarter of 2015. At present, Freddie Mac is charging 4.28% interest on a 30-year fixed rate note and expects that number will have jumped a full percentage point by this time next year.
There are some outstanding opportunities to purchase property on Hilton Head Island, in Bluffton and in Beaufort as we head into the busy spring market! Be sure to login to our website – www.CollinsGroupRealty.com – and create free, custom e-alerts to help kick-off the search for your Lowcountry dream home!
Image Courtesy KCM Blog