INTEREST RATES GONE WILD !! - 05/30/09 07:09 AM
Well Floks-  About 2 months I was helping some buyers and they said we want to wait unitil interest rates go down to 4% before we buy.  At the time they were hovering around 5% which is GREAT !!  But we have been very spoiled in the past years have we not????  My dad paid 17% in 1983 to refinance his home--OUCH--  So the moral of the story is my crystal ball prediction.   I advised them that rates would eventually go up to 6%+ by the fall of 09 due to causing inflationary pressure against a decling valued dollar.   Say that … (0 comments)

What if my house never goes up in value, should I still buy? - 05/30/09 06:56 AM
Everyone wants to know when are we at the bottom and when will the prices go up? 
Via Jeff Baxter (Prosperity Mortgage):
We get the question every day.  How much will this home go up in value?  Well, maybe not so much these days, but here's something to think about.  What if your house never went up in value - should you still buy?  Click below and get my answer.  Hint:  Emotion can be a big driver in the home purchase, especially for a first time buyer, but the down and dirty financial benefits are still big, even if prices don't appreciate.
Click … (0 comments)

 
Darren_on_white_no_shadow

Darren Ahearn

Darren Ahearn

Frederick, MD

More about me…

Real Estate Teams

Address: 50 Citizens Way #400, Frederick, MD, 21701

Office Phone: (301) 695-3020

Cell Phone: (240) 344-1713

Email Me

I will make this a great place to put up some great resources and information about current market conditions, ideas, and ways to buy and sell homes with the most cutting edge technology.


Links

Archives

RSS 2.0 Feed for this blog