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

Current Weather

STURGEON BAY WEATHER

CANCELLATIONS

Poll

Are you allowing your kids to trick-or-treat this year?
Add a Comment
(Fields are Optional)

Your email address is never published.

Sports Poll

Will the WIAA's winter sports season begin on time?
Add a Comment
(Fields are Optional)

Your email address is never published.

Birthday Club

Obituaries are provided as a service of the

Schinderle Funeral Home of Algoma

Obituaries

Click Here for more Obituaries

Obituary posting fee is $25

Newsletter

Sign up for our Daily Electronic Newspaper!

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

Get the latest updates for Big Deals delivered to your inbox every Monday, Wednesday & Friday.