Recent action by the Federal government has caused Mortgage Rates to Plummet. For those who have been standing on the dock, Now is Your Moment . Don't miss the Boat !
This mornings news is great for home buyers. While the news stations all are a tither over AIG and the bonuses mortgage rates have been falling with little attention given.
The Rates have fallen below 4 3/4 %. Check it out here http://budurl.com/wg74 for the latest rates offered at Wells Fargo.
Why buy now? The market has begun shifting with improvements in many eastern markets. The west normally follows the east.
Although still dampened Portland Metro February 09 sales have improved significantly over January 09. Housing starts across the US have made a significant increase reported at some 22 % which again shows an iimproving real estate market. Of course it will take several more reporting periods before we can call it a trend but it is encouraging.
Over the past 20 years that I have been in business I can not tell you how many times I have seen peoples dreams dashed as they realized the market had left them behind. " I just waited to long" or " I was waiting for the market to hit bottom " and " My dad said wait till the market gets better". These statements are Dream Killers. I have heard them to many times.
Don't let your dream of home ownership die for lack of trying. Take advantage o these historically low interest rates and low low real estate prices.
If your looking to buy that first home but just don't know where or how to start then drop by The_Picklefor a simple IDX Search presented on a neighborhood map. Full listing descriptions are available.
For those who would prefer to let the computer work for you, then by all means House_Hunt_Portland is just right for you. Come see how your next home can find you.
For Portland Oregon area information and a more traditional web site be sure to stop by www.portlandrealproperty.com .