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Mortgage Rates

By John Walters

Real Estate Agent with Frank Rubi Real Estate

November 25, 2008 05:36 AM

Mortgage rates have posted their biggest one day decline ever. I sure hope this sticks. This would be a big help to everyone involved in the real estate market. I don't know if we would see an uptick in home prices but the sales should pick up some. Happy Thanksgiving every one.

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James Engel

Keller Williams Realty Beverly Hills - Beverly Hills, CA

KW Beverly Hills

Im right behind you! I hope they stay as they are now.

Nov 25, 2008 05:42 AM

John Walters

Frank Rubi Real Estate - Slidell, LA

Licensed in Louisiana

Yea let them nose dive.

Nov 25, 2008 05:43 AM

Tiffany Landis

Tacoma, WA

I am loving the rates today...woohoo. I posted a blog a couple minutes ago about the same thing lol. Happy Thanksgiving you to as well!

Nov 25, 2008 05:44 AM

Frank Rubi

Frank Rubi Real Estate, LLC - Metairie, LA

FrankRubiRealEstate.com

Lets hope the lenders now will encourage lending with rates at this point.

Nov 25, 2008 06:48 AM

Ken Tracy

Coldwell Banker Residential - Naperville, IL

Helping clients buy and sell since 2005

Hi John. I saw that too!

Happy Thanksgiving to you!

Ken

Nov 25, 2008 06:54 AM

Marzena Melby

Coldwell Banker Burnet Realty - Richfield, MN

Realtor, Twin Cities Minnesota Real Estate

John,

The DOW has posted the biggest two-day gain in several years. Of course, we've seen the market go up and down so much that it's hard to view or anticipate that this as a trend. It's great news, nonetheless.

Nov 25, 2008 09:22 AM

Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375

Flexit Realty "Flexible Home Selling Solutions" - Grand Rapids, MI

Real Estate Services You can Trust!

Hi John, makes me smile when I see the bond market impact the interest rates. Nice update John.

Nov 25, 2008 09:26 AM