THE HOUSING MARKET REMAINS HOT
Mortgage rates continue to sit at record-low rates. If you are thinking about purchasing a home, it remains a great time to buy. In addition, real estate statistics indicate that the supply of homes on the market across the country has increased slightly – a good sign for those in the market to buy as the previous record low inventory caused increases in prices and crazy competition.
Industry experts say “COVID panic buying” is subsiding, and many homes remain on the market for more time now, compared to the record-breaking pace of earlier this year. According to Zillow, in April 2021, nearly half (47%) of homes were on the market for as little as a week before going pending, compared to an average of 30 days in 2019.
No matter where you are in the home-buying process, from preparing your finances to getting ready to make an offer, Ironworkers USA Credit Union is here to help. We offer 30-year fixed mortgages, FHA loans, special programs for first-time buyers, and other types of mortgages with low fees and rates. From getting pre-approved to signing your final documents, our loan officers will guide you every step of the way.
If you think it’s the right time for you, give us a call at 1-877-769-4766, apply online or stop into one of our branches to speak with one of your loan officers. We’re here to help you make the most of your financial life!