Thursday, April 12, 2012

 

Interest Rates for Russian River Homes Fall to Four Week Low


Mortgage Rates for a 30 Year Fixed Loan for buyers interested in Buying property in Sonoma County and the Russian River were quoted at 3.73 percent down from 3.18 percent the same time a week ago. For more information on rates and how to be approved go to www.millarandcompany.com
Brought on by unimpressive jobs reports and the European crisis rates have fallen again and have stimulated buying activity for homes in the Russian River and Sonoma County.

Home sales in Sonoma County and Santa Rosa are up with 25% of purchases of Russian River Real Estate and Homes in Sonoma County by cash buyers and investors.

We had a home for sale in Santa Rosa that was listed for ten days and had 25 offers so the market is really heating up.

This coming week we expect rates to remain fairly flat so If you are thinking about getting in the market contact us now.

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