Today's Announcement (9.18.07) about the decrease in the interest rates is huge to the real estate industry.  This is helpful to most buyers that are in the debt ratio too high/moderate income level, who were getting turned down for loans. With the adjustment of the housing prices in the latter part of 2006, and most of 2007; and this announcement today; Homeownership is possible again for the "middle" income Americans. It could also mean relief for those who fell victim to predatory lending, or high refinancing rates- and those that are in danger of Foreclosure. Many options are available for each of these situations- As a Realtor® in Brevard County, I am available to consult with you to help you with your questions.

This interest rate adjustment is helpful; but, as Floridians, we need to also lobby for the correction in the Home Insurance rates.  Call me for more information on this, I have found some very easy ways to reduce your home insurance-and it works everytime. (no catches, no sign up fees, no nothing: just some good advice) Call me today to set up a consultation. (321-243-4519)

Watch for the messages in-between the lines in this announcement. This puts America in a "recession".  A little history lesson, "recession" means other prices may go up on other things. (ie; Gas, Milk, fruit: things that affect the farming and transportation industries)  Keep writing your State and Local Representatives,  and make a difference! Your voice does make a difference! 

If you have any questions about what this means to you and your real estate plans in Brevard County, Florida, please call me. I would be happy to consult with you to help you achieve your goals. I am a short sale specialist. I have helped homeowners, investors, and commercial business owners achieve their goals through my successful marketing and diligence to achieve success. Call me today, Josephine Carpenter, 321-243-4519, or visit my website http://www.abrevardrealtor.com to find out more about my services.

 

 

2 Comments on Comments on the Home Interest Rates

SEP
26
2007

First of all it's not 1/2% it’s called 50 bases points which in term only equals to 1/4 of a %. So it won’t make much of a difference in the market especially for the so call middle class if there is still one. And for those that fell victim to predatory lending, or high refinancing rates- and those that are in danger of Foreclosure chances are that they won’t be able to qualify for a new loan base on the new guidelines that lenders have. Sorry to burst your bubble.

9:23pm • #1
You'd be surprised what the persistant professional can achieve.  And you're right, whether you call it 50 bases points or 1/2% or 1/4% it really doesnt matter in the scheme of things- your not bursting my bubble, you are proving my point; that not enough people are educated about their options. Thank you for your comment!
9:31pm • #2


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Josephine Carpenter, P.A.

Melbourne, FL

More about me…

Keller Williams Realty of Brevard

Address: 335 Pineda Ct #103, Melbourne, FL, 32940

Office Phone: (321) 243-4519

Cell Phone: (321) 243-4519

Email Me

For your real estate needs in brevard county, melbourne, florida, call josephine carpenter 321-243-4519 or visit www.abrevardagent.com


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