market snapshot: Fed Drops Interest Rates - Now is the Time To Buy Real Estate - 12/22/08 03:34 AM
Supported by the Federal Reserve's recent decision to cut its overnight federal funds rate to a range of zero to 0.25 percent, the 30-year fixed rate mortgage hit a 37-year low last week reaching 5.17 percent. ¬†Trade-up or scale-down buyers are free to move into an exciting new home or condo, making more starter homes available for first-time buyers. ¬† The advantage goes to the buyer when there are more homes for sale. In a market where the inventory of homes is growing, the competition between buyers increases and gives buyers more options. More competition is not a problem if the … (0 comments)

 
The Romanski Group (The Romanski Group/ Keller Williams Realty)

The Romanski Group

Lafayette, IN

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The Romanski Group/ Keller Williams Realty

Address: 8555 N. River Road, Suite 200, Indianapolis, IN, 46240

Mobile: (765) 404.5095

Fax: (765) 588.4841

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Current information about the real estate market, homes for sale, market statistics including sold data, community information and news for Lafayette Indiana and West Lafayette Indiana and surrounding communities!


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