According to CNNMoney.com, the housing market continues to gain momentum as home prices rose 0.9% in 20 major cities.
The slow improvement in the economy and low mortgage rates have contributed to the ongoing recovery. Interest rates on a 30-year mortgage are the lowest they’ve been in generations. Combined with lower prices, these record low rates have made home ownership more affordable than ever.
Contact On Q Financial, Inc. today if you’re thinking of purchasing a home or refinancing your current mortgage.