interest rates: Why Buyers Should Consider Getting Off The Fence
- 02/16/11 01:28 AM
The economy is slowly rebounding. It hasn't improved as quickly or as vigorously as we would like, but each month, there are indicators that both the economy, and consumer confidence, are improving. I read an article today by Dan Steward, Get in while the Getting’s Good – Why Buyers and Sellers Should Take Advantage of Today’s Real Estate Market, that contends that conditions might be right for consumers who have been waiting for the right time to buy. For buyers in higher priced markets, the phasing out of the Jumbo mortgage backing by Freddie Mae and Fannie Mac, will ultimately mean … (2 comments)
interest rates: Buy Now, Save In the Long Run!
- 08/26/10 09:13 AM
If you have been on the fence about buying a home, you really should consider getting into the market. Home prices are competitive, sellers are often motivated, interest rates are unbelievable and you may find that with school starting soon, there aren't as many buyers to compete with. 'All real estate is local,' has been touted a lot lately because it is true. Before you believe the gloom and doom of the National media, you need to do yourself a favor and talk to a local Realtor. Select someone whose expertise you trust and ask them for a read on your … (5 comments)
interest rates: Why You Should Buy Now...Even Without a Buyer Tax Incentive
- 08/17/10 04:39 AM
The government tax credits for new home buyers have, for the most part, expired, but there is still a major incentive to buy right now--Interest rates haven't been this low since the early 1970s!Anyone who has ever bought a home understands the difference that an interest rate can make for your monthly payment. Often times purchasers will pay from half-a-point to two points (a point usually costs about 1% of the loan) to secure a lower rate. This decreases both their monthly payment, as well as the amount of money paid over the life of a loan.If you can buy a house at … (7 comments)
The economy is slowly rebounding. It hasn't improved as quickly or as vigorously as we would like, but each month, there are indicators that both the economy, and consumer confidence, are improving. I read an article today by Dan Steward, Get in while the Getting’s Good – Why Buyers and Sellers Should Take Advantage of Today’s Real Estate Market, that contends that conditions might be right for consumers who have been waiting for the right time to buy. For buyers in higher priced markets, the phasing out of the Jumbo mortgage backing by Freddie Mae and Fannie Mac, will ultimately mean … (2 comments)
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