The Perfect Seattle Mortgage Storm for Home Owners and Investors

The recent combination of new-home sales stabilizing and a booming market predicted, there are great opportunities for those seeking to buy a primary home or investment property. With the supply of homes on the market at a high point and mortgage rates at a low point, Seattle mortgage interest rates are right where a home buyer wants them.

Even the sales for existing-homes, which had been down recently, are once again rising. However, the inevitable demographic changes in the home buying market should also be a factor for current buyers. There are an increasing number of Baby Boomers entering the market for their retirement homes, and knowing where and when they will be buying will be powerful information for investing in real estate today. Seattle mortgage broker Mike Sanborn said "It would be wise for investors to research, in advance, the trends of Baby Boomer retirement home purchasing in order to enter those markets ahead of time taking advantage of today’s great rates and tomorrow’s demand."

There are no two ways about it, for those seeking a great rate on a Seattle mortgage, the time is now. Low rates plus high supply equals a great opportunity.