buyers market

Slow Job Growth Pushes Rates Down

A further indication that the unemployment rate directly correlates with the recovery of the housing market: Fixed-rate mortgages fell to new lows again this week after a weaker-than-expected job growth in May. “Long-term Treasury yields moved lower following a weak jobs report and mortgage rates followed suit,” said Frank Nothaft, vice president and chief economist …

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It's a Buyers Market!

So perhaps we are stating the obvious, but it seems that it is the perfect time to buy a new home. Historically low mortgage rates combined with low, low prices on homes mean that families who purchase from Gerstad Builders can take advantage of the current buyer’s market and get into a quality new home. …

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