Mortgage rates showed little movement this week, with the benchmark conforming 30-year fixed mortgage rate nosing higher to 4.95 percent according to Bankrate.com's report for our nation. This small increase may be an indication of what future month's may bring, namely increases in interest rates for home purchases. Now however, is still a good time for buyers as there are great conditions from the buyer's market standpoint with seller's of residential properties continuosly reflecting lowered and reduced pricing in an attempt to get thier properties sold. Although there was a small increase of sales in the residential sector this year many home owners seeking to sell are experiencing slow sales in moving thier properties. Hence if you are looking to buy a home now may be a good time with frustrated seller's willing to negotiate on the selling price of most homes that have been sitting dormant on the market for several months in most cases.
Located at 4037 Ridgemont Dr. B.R. La. this house is an
example of a property that is priced well within the areas
median average pricing at $137,900 that has been completely
updated and has been on the market for several months!!
For more information on the property & the seller's
negotiation on selling price call 225-297-7689.
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