In the last 2 weeks I have been involved with writing and receiving Offers to Purchase with interest rates of 3.857%, 3.5% and 3.75%. Yes, we are back in the 3%! For how long, we don't know. But for now, if you are serious about looking for a home or condo, take advantage of these outstanding interest rates! I understand the home buying process is still based on finding the right home and should not be rushed. A 5% (3.5% vs. 4%) change in interest rate on a $200,000 mortgage amount can mean a difference of $50.00 per month! Please let me know if I can help you not only with your search but also help you find a qualified lender to work with. When purchasing a home or condo it is important to set yourself up with a good team, Realtor and Lender. Finding these individuals can make all the difference in a smooth and successful transaction vs. a dysfunctional and frustrating transaction.