san antonio homes: What does it mean that rates are approaching historic lows?
- 10/07/09 02:57 AM
What happens when mortgage rates drop? Lots of good things: • ALL homes become more affordable - Those who couldn't afford to buy can finally take the first step. Those who wanted to move-up can finally afford to buy their dream home. Investors can take advantage of bargain prices to lock in solid cash flow. • Builders can build more homes, and employ lots of folks, buy supplies, make payrolls. • People stuck in a high interest mortgage can refinance at a reasonable rate. (Now, we don't originate or participate in any mortgage loans, but we know several quality lenders with … (1 comments)
What happens when mortgage rates drop? Lots of good things:
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