While mortgage rates fluctuate daily and the interest rate you’ll pay on a home loan depends on multiple factors, most mortgage experts anticipate an increase in average mortgage rates by the end of the year. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we think you should keep these historical rates in perspective and this will help people realize that the housing market won’t crash if rates sneak up above 4%, but we’ve all become accustomed to rates under that 4% threshold so it will take some mental and financial adjustments to accept higher mortgage rates. Check out below for what sold in Northridge Farms in April 2015:
19137 Surrey Lane, Northville: 2 bedrooms, 2 bathrooms, 1,213 sq. feet, 1 car garage, Sold Price: $97,000
Northridge Farms Home Sold
April 2015
The best way to learn about your options for purchasing a home is to consult a lender who can discuss loan programs that meet your individual circumstances. For more information on Northridge Farms, or similar Northville or Novi neighborhoods such as Arrowon Pines, Lexington and Northridge Villas, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.