For those of you who happen to be planning to buy a home in the New Year there is a whole lot to celebrate this upcoming year. According to National Association of Realtors, “varieties of financial vectors have dovetailed” to make 2016 the year to buy a home.
Mortgage rates have been bouncing around record lows for a while now. However, even though they are likely to start going up, you have not missed your chance to get a deal on a house. Even though they may creep up at any moment, it is nonetheless a fact that interest rates on home loans are at historic lows, with a 30-year fixed-rate home loan still hovering around 4%.
Rents have skyrocketed! Another reason homebuyers are lucky is that rents are going up, up, up! In fact, rents in 2015,
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