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Real Estate Headlines This Week
"As goes the real estate market, so goes the economy" - this is what economists say, and recent years have truly supported that sentiment.... in fact, if the real estate market in America collapses, so does the whole US economy...and then the global economy. 
So, no matter whether you're a property owner, buyer, seller, renter, investor, if you have stocks, a 401K or IRA or simply have a job-or want one... it makes sense for you to stay in tune with the major headlines impacting our real estate market.  Here's a quick glimpse of this week's headlines:
The Washington Post reported this week that mortgage rates officially hit their lowest point EVER, with the 30 year fixed offering rates as low as 4.69%!  It may be time to refinance, or re-visit the idea of moving into a new home!  Be sure to contact me for all of your real estate needs, or for a referral to a trusted lender.  If you're already in the market, be sure to check out our earlier post listing open houses this weekend!
Fannie Mae is cracking down on strategic defaulters...the message being:  If you need to get out of a mortgage, you need to ... more

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