Friday, March 20, 2020

Now Is A Good Time To Borrow


Been thinking about remodeling or building a new home?

Now is a very good time to borrow for that new house or renovating your home. Creative Coast Construction will work directly with you to assist with everything from designing the project to the finished project.

According to Freddie Mac Feb. 21, 2020 Forecasts for 2020 say rates will average around 3.7%. Rates could bounce between 3.5% and 4% all year, and you’d get an average of around 3.7%. But, when you lock during that range is important. The good news is that 30-year fixed rates are now near 3.5%.

On March 5, 2020 Freddie Mac reported a 3.29% average on a 30-year mortgage rate.

If you have been thinking of building or doing a remodel now is a good time to consult with us. We are southern Maine’s premier builder.

Creative Coast Construction
207-205-4422