Sedona real estate can benefit greatly from the continuing streak of low mortgage rates. For the 8th straight week in a row, an unheard of feat, mortgage rates have stayed below 4%. While real estate data continues to prove better than a year ago, these low rates are hope to fuel Sedona property sales.
While cash buyers of Sedona real estate remain virtually unaffected by low rates, the majority of buyers to take out some form of loan. Rates of 3.98% for a 30 year fixed rate loan can save a great deal of money over the lifetime of a loan and in fact benefit more than just home buyers they also benefit owners of Sedona real estate who wish to refinance their current loans.
While rates are certainly low now, and have remained so for some time, as real estate recovers we will see less drops in rates and more gradual inclines. It is a great time to consider whether refinancing or buying Sedona real estate is right for you. The time is ripe, and affordability levels are here. Contact us today to learn more about Sedona real estate, we can connect you with reputable lenders and help you get a clear understanding of current market conditions.
Click here to read “Mortgage Rates Reverse Course on Positive Housing Data”, from Realty Times.
For a complimentary search of the Sedona MLS and access to all property currently on the market in Sedona AZ, visit www.claudiaault.com. For the best in Sedona Real Estate service and knowledge, contact Claudia Ault at 928-301-3016 or Larry Ault at 928-301-0852.












