Special offer

Local interest rates drop to 5%--Now's the time to buy!

By
Real Estate Agent with ERA Henley Real Estate

Now is the time to buy a new home!

Federal interest rates dropped by 0.75% today. The Federal Reserve did this as its first emergency reduction since 2001 after signs of a U.S. recession following the terrorist attacks on September 11th. This is also the biggest single reduction since 1990. Treasury Secretary Henry Paulson called the Fed's move "very constructive" and "a confidence builder."

How does this impact YOU? Why should YOU care?

Because, if you're looking to buy a home or refinance your home, NOW is the time! You will save considerable funds by taking advantage of these low interest rates. Contact me for more information or for assistance in finding your way home--I'm here to help.

Rhonda Bletsh, REALTOR®, EXIT 1st Choice Realty




Adapted from article written Jan. 22nd by Scott Lanman of www.bloomberg.net

 

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