The short answer is YES! For buyers in the California housing market, it is a good time to buy. Very low interest rates continue to fuel optimism for homebuying. The 30-year, fixed-mortgage interest rate averaged 3.08% in March of 2021, down from 3.45% in March 2020, according to Freddie Mac.
While housing inventory is going fast and because there are less homes on the market, it is still the best time to take advantage of the low interest rates. Interested in running the numbers to see if you qualify? Give me a call for a quick chat. I have worked with home buyers that are in all different types of financial health, from varying credit scores to small to large down payments. Whatever our client's financial situation, Home with Kristi works with you to get you the best deal. Call us today!
