The basic definition of a seller’s market is when more people want to buy than sell. Supply and demand are key factors in determining this equation. When there is less supply but more demand in real estate, you have a seller’s market.
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| Term | Rate |
|
PRIME |
3.00% |
|
Variable |
2.79% |
|
1 Year |
2.89% |
|
3 Year |
2.99% |
|
4 Year |
3.19% |
|
5 Year |
3.29% |
|
10 Year |
3.99% |