For Costa Mesa Home Sellers, this “13” is Lucky!
Posted by Matt Kanoudi on
In any other year, when Costa Mesa homeowners read an opening line like, “For the 13th time this year, the 30-year fixed-rate mortgage set a record low…,” their reaction would most likely be something like, “Wow! They cut rates again! How great!”
Not this year. Most of 2020 has seen gun-shy Costa Mesa residents, having rebounded from one unexpected obstacle after another, take one look at that sentence and be more apt to focus on the unlucky number ‘13’ and think, “Uh-oh! Now what?”
But Costa Mesa homeowners can relax. The news flash is, indeed, good news (unequaled news, actually). As Realtor Magazine noted, when it comes to 30-year fixed mortgages, “home buyers and refinancing homeowners have never before locked in a rate this low.” When the…
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