Real Estate Information Archive

Blog

Displaying blog entries 1-2 of 2

Interest Rates on the Rise

by O'Neil & Company Realtors

We are officially in a rising interest rate environment.  The action the FED is taking to purchase Mortgage Backed Securities is not working as expected. There is too much supply out there for them to buy, and consequently, the rates are rising. 

At the moment, a conventional 30 year fixed with 0 points is now 4.5% (according to Regions Bank).  This is still historically low, but buyers have grown accustomed to hearing 4.25%.  This has the potential to cause a lot of questions, and misunderstanding.  Please contact the mortgage professional you are working with to inquire about the current rates if your rate is not locked. 

Indy's Best Real Estate Blog

by O'Neil & Company Realtors

We are thrilled that Zillow has nominated us for the Best Indianapolis Real Estate Blog...the nomination is a flattering and welcome surprise (read: We had no idea Zillow ranked or rated blogs).

Would you please vote for us by clicking below? (No registration or personal information is required).

http://www.zillow.com/homes/for_sale/Indianapolis-IN/#poll

You can vote once per 24 hour period between November 11th and November 24th.

We genuinely appreciate your time your support and your vote.

Thank you!

Displaying blog entries 1-2 of 2

Contact Information

Photo of O'Neil & Company Real Estate
O'Neil & Company
Encore Sotheby's International Realty
12411 N Pennsylvania St #300
Carmel IN 46032
317.848.0008
Fax: 317.660.4574

 

 

Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Each Office Is Independently Owned And Operated.