Real estate blog entries tagged with interest rates by Robert Scroggs (CENTURY 21 Judge Fite Company)

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Home : Blogs : Robert Scroggs : Robert's Blog : Tag "interest rates"

interest rates: Lower rates mean it's a good time to buy....or sell! - 01/24/08 09:17 AM

Interest rates have been going down down down since about November. Currently, a buyer with good credit can generally get into a conventional loan for under 6%.
So, what do these low rates mean?
If you are a buyer, it means a smaller house payment. You can get the home you wanted for less money, or you can get more home than you could previously afford. The benefits to a buyer are pretty obvious. However, there are also benefits to a seller.
If you are selling your home, lower interest rates mean that there are more buyers out there, able to buy your home … (0 comments)

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Robert Scroggs

Grand Prairie, TX

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CENTURY 21 Judge Fite Company

Cell Phone: (214) 727-2513

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