Open Houses This Sunday 1 p.m. – 4 p.m. unless noted.
$569,000. 1532 Oakleaf, Healdsburg, 3 Bdrm, 2Bth, Artisan Sotheby’s Healdsburg
$630,000. 1003 Sunset Drive, Healdsburg, 4Bdrm, 2Bth, Wine Country Group 2:00 – 4:00 PM
Find out what's happening in Healdsburgfor free with the latest updates from Patch.
$199,000. 9440 Rio Vista, Forestville, 1Bdrm, 1Bth, Purchase 1 Real Estate
$650,000. 439 Piper Street, Healdsburg, 2Bdrm, 2Bth, North County Properties
Find out what's happening in Healdsburgfor free with the latest updates from Patch.
$299,900 338 Grandview Ct, Healdsburg, 2Bdrm, 2Bth, Full Spectrum, 10-Noon
$399,000 544 Westmont Court, Healdsburg, 3Bdrm, 2.5 Bth, Full Spectrum 1-4 PM
This has been one of the most volatile weeks, yet in real estate it's been with nothing but silver linings.
If you are ready to purchase or thinking about it, pull that trigger now.
“We were 14 basis points away from an all-time low in the bond market this week," said Hunt Conrad of Prospect Mortgage. "Everyone had expected a short spike in interest rates and with the bond dropping rates hit almost record lows --4 1/8 percent on a 30-year fixed, 2 ¾ on a 5-year the opposite has happened.”
"Investors want to get their private/hard money out there so they are even getting looser with their terms,” said Steve Vail at High Tech Lending.
The only thing that is holding most people back is job security. There is that. plus this ridiculous idea that the tax deduction for mortgages may go away.
There is an election coming up. so that will not happen. What are the chances that that deduction will go away? Just about as likely as the oil companies giving us deductions.
Time to refinance? Yes, absolutely. Tell your lender to lock it at the bottom. They may miss the bottom but will still save you 10’s of thousands in the life of your loan.
