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 The average rate on a 30 year loan has jumped from 5% to more than 5.3% in just the past week. More would-be home buyers could be priced out of the market, a threat to the fragile economic recovery. There may be some panic among potential buyers who have not found houses yet, but for some sellers, rising interest rates may be producing more urgency for buyers to buy and lock-in.
To find out more about Mortgage Interest rates, read this article from The Post and Courier.
For More information on Charleston Real Estate, James Island Real Estate or Folly Beach Real Estate contact Jay Tracey Broker/Owner of Exit Realty The Tracey Group.
Charleston SC Real Estate - Homes for Sale in Charleston South Carolina. You will also find details on properties for sale in these market segments, Charleston Startup Homes, Charleston Median Homes, Charleston Upscale Homes, Charleston Luxury Homes, Charleston Million Dollar Homes, Charleston Historic Homes and Charleston Homesites and Land, in Charleston SC. We also offer niche community searches: Ansonborough, Downtown, French Quarter, Hampton Park Terrace, Harleston Village, Longborough, Midtown, South of Broad, The Bristol, Wagener Terrace, and more... You also have access to the following Cities: Charleston, James Island, Johns Island, West Ashley, Folly Beach, Summerville, Hanahan, Mount Pleasant, and Isle of Palms. We have also added the surrounding towns of Awendaw, Daniel Island, Edisto Island, Goose Creek, Kiawah Island, McClellanville, North Charleston, Seabrook Island, Sullivans Island, and Wadmalaw Island. Call us direct (843) 270-1300 (843) 270-1300 or (843) 588-3948 (843) 588-3948 - Exit Realty The Tracey Group.
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