I was just sent an email from our in-house mortgage person, Tony Cardinali. The word is that Fed. rates may increase in an effort to hold inflation at bay- they just recently skipped another rate cut, choosing to leave things as they are.

For any qualified buyers on the fence, the writing on the wall might be a motivating factor. There is still plenty of inventory out there- the difficult thing is probably narrowing things down enough to make a decision. For investors, now might be the time to climb on the bandwagon.

What do you think?