Wednesday, June 10, 2009
The mortgage back securities market has been causing interest rates to be bouncing all over this week! We went for a 30 Year Fixed rate of 4.75% last week, to 5.75% this week. They will continue to fluctuate, but it is creating a sense of urgency among buyers that now it the time to buy! If you are looking to upgrade or buy an investment property, now is the time while rates are still at historic lows! Don't let this opportunity pass you buy, especially if you are first time home buyer! They will also be changing credit restrictions for approval in July, so now is the time!
Thursday, June 4, 2009
Greetings! Well the spring market is busy, busy, busy! We are really starting to see things move, which is exciting for both buyers and sellers! The $8000 first time home buyer tax credit is still in play, prices are low, and so are interest rates making it the best time ever to buy! If you are an investor there are some smoking deals in the market place, and real estate is a great investment in your financial future! Call us today to learn more about that! We are also seeing multiple offers on many homes, buyers are getting off the fence and realizing this is the time to move!