What's happening with mortgage rates in the Pekin Real Estate market ? According to DSnews.com, the trend of half-century low rates for months now have broken, as rates across the board are rising. Long term rates have been heading up for three weeks straight. Freddie Mac puts the average 30 year rate at 4.46 percent and the 15 year rate at 3.81 percent. Jumbo 30 year fixed rate rose as well to 5.29 percent.
With a great stock of inventory and great buys on the market, NOW is a fantastic time to get alot of house for the money.
For a FREE List of 3-4 bedroom homes available for $120k or less in the Pekin Real Estate market, visit our website for a current list. Or, you may call Brad Barnard, local Pekin Real Estate expert, at 309-241-0313.