Interest rates on mortgages have remained relatively low in recent months. They have risen slightly to 6.06% from around 5.5% in previous months. Bankers have concern for inflation and are adjusting accordingly.
What does that mean if you are purchasing Las Vegas real estate? It means there are still some great deals out there and if you are qualified housing can be very affordable. Investors have been calling, other home buyers are calling. They are looking for great deals because they know the market is at a great level. Your Las Vegas Realtor will help you get started and help you with any financing needs by referring the right professionals.