News

Steady interest rates fueling area home building and sales

Interest rates are holding steady.  That's keeping mortgage rates lower than expected and making existing homes in our area more affordable.  Nicolet Bank's Tom Zellner says this is a good time to act for those who've waited to buy a home.

 

 

While the lower mortgage rates are creating a demand for an existing home, some home shoppers are opting to build new homes.  Zellner says that's keeping area builders very busy.

 

 

Zellner says the one drawback for those opting to build a new home is that prices for building materials are also rising. 

Search Our Site

CANCELLATIONS

Current Weather

STURGEON BAY WEATHER

Poll

What are your upcoming plans for the Memorial Day weekend?
Add a Comment
(Fields are Optional)

Your email address is never published.

Sports Poll

With the Milwaukee Bucks now out of the playoffs, who will win the NBA Championship?
Add a Comment
(Fields are Optional)

Your email address is never published.

Obituaries

Click Here for more Obituaries

Obituary posting fee is $25

Newsletter

Sign up for our Daily Electronic Newspaper!

Plus, Get the latest updates for Local Sports, Big Deals and more delivered to your inbox!