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    Santa Clarita mortgage interest Rates Going Up, Don’t Panic

    Santa Clarita lenders

    Did you know that interest rates on mortgages fluctuate almost every day?  There are some days that the interest rates don’t move.  Other days that they fluctuate quite a bit.  Recently we had Interest Rates at Record Lows – 3.49% for a 30 year fixed.  We also had a guest on our Santa Clarita radio show talking about interest rates maybe dipping below 3%.  That would be incredible for buyers in the Santa Clarita real estate world.

    One more thing before you get into the rest of this article – if you are wanting me to find you a lender.  We know the BEST Lenders in the Santa Clarita Valley.  Click here to have us refer one of the BEST SCV lenders to you.

    Rates may be going up but don’t panic. Data shows that rates have now risen slightly over the past three weeks and while may may be feeling like they have missed the boat for taking advantage of exceptional affordability levels this is not the case. Consider the fact that a year ago rates were averaging around 4.15% for a 30 year fixed rate loan, today’s rate of 3.62% is a very good rate.

    A few weeks ago rates hit a historic low of 3.38%, and incredible opportunity for anyone who qualified. 3.62% still offers exceptional affordability, adding to low home values and certainly adding incentive to home buyers around the country. Loans have loosened up, although they are certainly more intensive to secure than they were in the height of the heyday.

    While rates may be climbing they appear to be doing so at a snail’s pace which is good news for any buyers who were holding out for signs of an absolute bottom. It’s a great time to invest in real estate, whether for a primary residence or a rental property. Contact your local REALTOR today to learn more about current market conditions and recommendations for reputable lenders.

    Santa Clarita real estate daily had just been posted for the cities that compose the Santa Clarita Valley.  You can also check on the Foreclosures and new inventory by checking out our Santa Clarita foreclosure expert website.

    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.
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