Buyers catch a break: Mortgage rates drop to 4.83% | Mel Gilson, Broker | Gilson Real Estate | Lakeland, Florida

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Zero-down mortgages and lower rates make it easier to shop for first-time home buyers.. First-time home buyers get a break with lower mortgage rates. The average 30-year mortgage rate dropped to around 4% in March 2019 after. Gilson said younger buyers may still want to consider the benefits of.

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Mortgage rates are experiencing their first upward momentum since the start of 2019. NAR chief economist lawrence yun said, "As expected, buyers are finding it hard to resist the current rates. The desire to take advantage of these promising conditions is leading more buyers to the market."

Amendments to the Real Estate Services Act discontinuing industry self-regulation of the real estate industry. According to Business News Network, Vancouver area sales dropped nearly 40 percent in October Foreign buyers were blamed by Tom Davidoff of the University of British Columbia (UBC).

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The GST Council has reduced the GST rates for under-construction flats and affordable housing to five per cent and one per cent, respectively and also increased the carpet area of As for the buyers, this announcement will not really impact them much because they will continue to expect lower GST rates.

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Mortgage rates have been falling steadily since late April, and that may be reigniting home price. A prospective home buyer, left, is shown a home by a real estate agent in Coral Gables, Florida.. But while buyers may get a break there, the supply of lower-priced homes for sale is still incredibly low.

6 days ago. The benchmark 30-year fixed-rate mortgage fell this week to 3.91 percent from 3.97 percent last week, according to Bankrate's weekly survey of.

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