interest rates: Yes I said this to the local newspaper - 05/14/11 10:01 AM
Thirty year fixed rates below 4.75% with no points – house prices back to 1995 levels in some areas. The idiot who buys a house today will be a genius in 5 years… … (4 comments)

interest rates: Mortgage Rates for U.S. Loans Fall From 10-Month High - 02/19/11 04:47 AM
Mortgage rates for 30-year U.S. loans declined for the first time in five weeks, reducing borrowing costs from a 10-month high.
This link is from Business Week and discusses interest rates and the housing market last week
It will be interesting to see what interest rates do in the near term. We are starting to see some early sign of inflation which typically drives interest rates higher. However with fewer potential home owners able to get financing it would be natural to see if interest rates will remain at current levels. I would be interesting to hear your opinion … (1 comments)

Robert Staab (None currently nmls# 509659)

Robert Staab

Portland, ME

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