Interest rates have remained low for a number of years with small fluctuations. These low rates have had a major impact on mortgage demand as well as the demand to refinance. Low rates mean considerable savings for homeowners over the life of their loans, making now a very attractive time to buy. The longer the rates stay low, the more confidence buyers have to jump in. They are able to take their time to find the home they want and can afford, without the pressure of rate hikes looming. If you’re looking to make a purchase or refinance, let’s talk.