Are you gearing up to buy a Big Bear home? Now is a great time to make a move in the local real estate market. First of all, interest rates are at historic lows. Compare today's 30-year fixed-rate average of between 3 and 4 percent to the 13 to 18 percent rates of the 1980's. This gives buyers more purchasing power as current interest rates equate to lower monthly mortgage payments. Additionally, homes are now at their most affordable on record. This is because home values have dropped considerably in the past few … [Read more...]