Mortgage interest rates have hit a 3-year low, which should increase home sales during the upcoming spring selling season. A 30-year fixed mortgage is currently 3.45% and this has boosted sales during December of existing single-family homes by 3.6% vs. the previous month.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
