Coos Bay North Bend Mortgages
Currently Mortgage rates are less than 4%.
This offers tremendous opportunities for buyers. Many sellers are offering to BUY down the interest rate even further to help the seller to make their particular propery more saleable. This can put the purchasers interest rate 1/2 to 1 percent below the current rate. Likewise seller are, in many cases offering to pay all or a portion of the buyers closing costs. The desirablity of this area for retirement purposes continues to drive the market.
The rates remain low and have continued to hold reasonably steady over the past year. (For current information on interest rates call 541-267-2221