In this buyer’s market, many are taking advantage of sellers’ desperation, demanding major home repairs, warranties on appliances, and even tax rebates.
A rock-bottom price just isn’t enough for buyers these days - it’s a starting point. If the furnace is out of date, they’ll demand a new one. Cracked driveways have to be repaved, and dirty carpeting torn out and replaced. All at the seller’s expense.
| 30 yr fixed mtg |
5.79% |
| 15 yr fixed mtg |
5.42% |
| 30 yr fixed jumbo mtg |
6.93% |
| 5/1 ARM |
5.71% |
| 5/1 jumbo ARM |
6.26% |
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Tags: Current Mortgage Rates.
