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buyers: Kudos to the Fed today - 01/30/08 04:08 PM
With the Federal Reserve cutting the prime interest by a half percent to 3.0%, the real estate stands to benefit soon with lower mortgage rates.  This second cut in two weeks is a serious push to stimulate the retail sector.  I'm optimistic we'll see a reflection of the lowered rate in the next couple weeks in the mortgage industry.  In my experience it is January and February that typically has the lowest mortgage rates.  It's a great time for buyers to take advantage of the lower rates to increase their buying power.  Who knows how long this could last?  Usually by spring the … (0 comments)

 

JAY PEKALA, Burns Park/Ann Arbor Expert

Ann Arbor, MI

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Edward Surovell Realtors

Address: 3260 Washtenaw Ave., Ann Arbor, MI, 48104

Cell Phone: (734) 646-6369

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Everything related to the Burns Park neighborhood and nearby area: news, activities, homes for sale, sales history, market trends, and more. Guests are welcome to post information on upcoming events, ask questions about the area, suggest topics for discussion, anything for the benefit of the community.


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