According to a report on the Freddie Mac website December 15, 2011 the average rate for a 30 year mortgage is currently 3.94%. This low rate will hopefully lead to more mortgage approvals and home sales to help bolster our still battered economy.
There are other considerations to buying a home besides the mortgage rate though, especially for someone buying a second home for use during the vacation season. When it comes to buying a vacation home the three most important things to consider may still very well be, “location, location and location.”
The Hamptons has long been the top luxury vacation spot of the east coast for many reasons. Aside from the most beautiful beaches on the east coast, there are the shops, four and five star restaurants and many art galleries to visit. There are also concerts, film festivals and celebrations all year round that make the Hamptons much more than just a summer vacation spot.
Top Hamptons’ area realtor Bill Williams has been serving the needs of buyers here for over 11 years. His expertise in all facets of home sales, construction and renovation makes him the number one realtor for you to consult with when purchasing a home in the east coast’s number one luxury resort. Whether you want a new home, a historic mansion or something in between, Bill Williams will use his expertise of the area to find it for you.
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