We have some good news for you if you’ve been on the fence about buying a new home because interest rates are rising! The Wall Street Journal reports that mortgage rates have dropped to their lowest level since April of this year, and now might be the time for you to buy a new home! This week, the average 30-year fixed rate mortgage is 4.99%. Read the article to dive deeper into current rates.
Many of our neighborhoods currently offer rate lock programs, so you can buy now to take advantage of current interest rates and secure your monthly payment.
If you’re comparing new home builders near you, and need a new place to call home, set up an in-person appointment with our Home Advisors to tour our models today! Explore our communities to discover which one is the right fit for you.