Everyone in the mortgage industry is standing still. Waiting to see what is going to happen next. Will the industry double dip? Is a brighter future waiting for us? The latest news that has come out was great news. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in April, increased 6.0 percent to 110.9, the highest since October. And this proves one thing. He who writes the future is you.
As a home buyer you decide what sales will be like. Are you going to buy a home now, or later? Many people decided to buy new homes in April. Pending home sales in April were up 25% compared to April 09. June has started off by offering low rates as well. The national average for a 30 year low is still below 5%. The question remains. Do you see a home in your future?
There are plenty of good reason to buy a home. As always, let us know what you think in the comments section below. If you have any questions or want any other insider info, give us a call, or comment below.
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