This is just a short post, but due to the Fannie and Freddie takeover interest rates have sharply improved over the past few days. Right now you can snatch a 30 year fixed for 6% or under. It might be a good time to pull the trigger or at least lock your rate as the market is extremely fickle and who knows what tomorrow will bring.
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Date: 2008-09-11 12:18:36Views: 968
Comments
Lorin Martin
Hopefully something will get us out of the rut in real estate. It really is a great time to buy a home, but what people keep hearing on the news is making them think otherwise. Can't wait for the turn around.
Laurie
i don't think we are going to be getting any good news soon, things seem to be going from bad to worse, and some experts i have heard are talking about a total global economic meltdown. But who knows? Certaintly a good time to be buying property and gold now.
Mike Taylor
The good news for us here in Indianapolis is that we didn't see those crazy increases in prices that other parts of the country did. As a result, things are still relatively stable.
Ki
Mortgage rates have been looking pretty nice recently. I have been looking for properties recently. I am a little worried rates are going to go back up in a few months.