I think so.

Interest rates are so low, it makes buying Laurel real estate so appealing.   I showed two homes yesterday in Laurel Maryland.

The first house was a foreclosure on Kenny La for just $210,000.  This was a four bedroom two and half bath rambler.  The home had a large deck and back to woods.  This home also included a table size kitchen and a finished basement.

The only real issue with this property was a small amount of mold in the downstairs bathroom. 

This is a home with a low price in a great West Laurel neighborhood.

The second home was also a four bedroom two full bath home in West Laurel.  This home had a beautiful backyard, large deck and a dining area that looked out over the yard.   This home also had a few minor problems with mold, but otherwise, was in great shape.  This home was priced at $234,000.

Both these homes are severely undervalued.

If you are interested in buying a great value in Laurel Maryland real estate, visit Laurel homes for sale.

(clock photo courtesy of freephoto.com)

There is an area of Laurel real estate on the border of Prince Georges County Maryland and Montgomery County Maryland that is commonly referred to as West Laurel. 

West Laurel Maryland is bordered to the North by Montgomery County and in the east by Howard County Maryland.  In the West, West Laurel is bordered by Beltsville, Md.   Finally, to the South, by Interstate 95.

West Laurel is made up primarily of single family homes.   Currently, prices for a detached home range from a low of $210,000 to a high of $353,000.  Like all areas of Maryland real estate, prices in Laurel  are down from last year at this time.

However, the amount of time it takes to sell a home in West Laurel has been cut in half from about 100 days to 52 days.  This is because homes in the neighborhood are much more affordable. 

Also, first time home buyer incentives have helped sales in West Laurel Md.  The $7500 tax credit increased sales this spring.  There are also grants for first time home buyers of Laurel real estate.  Finally, interest rates remain low allowing all buyers to participate in the market.

To make West Laurel Maryland your next home visit West Laurel homes for sale.

Should I Float? Should I Lock? - Daily Update for Thursday, November 19, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients. 

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation. 

jobless Claims came in on target while the Philadelphia Fed Index came in sharply higher than otherwise expected.  Though this would normally put the kibosh on bonds - the stock market is taking a major slide today which is helping bonds to remain at least par from yesterday.

Look for rates this morning to remain steady from where they closed Wednesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is coming down from overbought status.

I am recommending to

   LOCK your best mortgage rate.   

To learn why one should Float or Lock -

                          Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Wednesday, November 18, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients. 

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation. 

Housing Starts and Building Permits both came in lower than expected.  The bigger news of the day is the Consumer Price Index coming in just over expectations. Yesterday's Producer Price Index coming below expectations helped allay immediate fears of inflation.

Look for rates this morning to remain steady from where they closed Tuesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is coming down from overbought status.

I am recommending to

   LOCK your best mortgage rate.   

To learn why one should Float or Lock -

                          Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Friday, November 6, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients. 

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation. 

Good News for bonds (Bad News for the economy).  Though the average work week rose slightly as did hourly earnings - Payrolls dropped more than expected and Unemployment rose to 10.2%. All this is giving a very positive uplift to bonds.

Look for rates this morning to be drop from where they closed Thursday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

   LOCK your best mortgage rate.   

To learn why one should Float or Lock -

                          Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Thursday, November 5, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients. 

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation. 

The Fed left the Federal Funds Rate where it was with promises of leaving it where it is for the foreseeable future.  Jobless Claims dipped slightly while Productivity rose more than expected.

Look for rates this morning to be rise some from where they closed Wednesday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

   LOCK your best mortgage rate.  I 

To learn why one should Float or Lock -

                          Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit

Should I Float? Should I Lock? - Daily Update for Monday, November 2, 2009

Here are the daily thoughts on interest rate floating or locking if you are asked by your clients. 

As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation. 

Pending Home Sales came in lower than last month but significantly higher than expected.  The Manufacturing Index also came in more robust than expected.  Surprisingly, neither of these reports are causing the angst in the bond market as one would expect.

Look for rates this morning to be dip some from where they closed Friday when rate sheets are released by AmerisaveMortgage Corporation.

Technically speaking - the FNMA 4.5% 30 year bond is currently keeping above the all important 200 day moving average. The bond is rising from oversold status.

I am recommending to

   LOCK your best mortgage rate.  I 

To learn why one should Float or Lock -

                          Check out Should I float? Should I lock? &;;; Reasons to Float or Lock

To obtain rates and fees with a $500 guarantee - come visit