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Great Deals For Home Buyers - 12/03/11 01:13 PM
With low home prices and ultra-low interest rates, the housing market is offering "perhaps the best deals of a generation," notes a recent article by Bloomberg Businessweek. Since the housing boom of 2006, home prices have fallen about 31 percent. Also, mortgage rates have been hovering at record lows for the past few weeks (4 percent range or even lower on 30-year fixed-rate mortgages, according to Freddie Mac's mortgage market survey). "It's hard to see the possibility of losing on a home purchase right now, with these mortgage rates," says economist Dean Baker. "Prices may go lower, but not
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Alberto Pacheco
Granada Hills,
CA
More about me
Keller Williams Granada Hills
Address: 16842 Devonshire St, Granada Hills, CA, 9134
Office Phone: (818) 491-4520
Cell Phone: (818) 481-9211
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I write about real estate, my trips, mortgage loans, loan modification programs.
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