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

booked.net

Poll

What is more important, a Sturgeon Bay west-side ball field or affordable housing?
Add a Comment
(Fields are Optional)

Your email address is never published.

Sports Poll

With under two months to go, where do you think the Milwaukee Brewers will finish at the end of the season?
Add a Comment
(Fields are Optional)

Your email address is never published.

Obituaries are provided as a service of the

Schinderle Funeral Home of Algoma

Obituaries

Newsletter

Sign up for our Daily Electronic Newspaper and/or our Shopping Show newsletter!

 

Get the latest news with our Daily Electronic Newspaper delivered to your inbox.

 

Get the latest updates for our Shopping Show delivered to your inbox every Friday.