Finally someone talking about a four percent mortgage rate
http://www.foxbusiness.com/video-search/m/21829995/4-5-mortgages-a-possibility.htm
This is a link from Fox Business News.
We need to get everyone included in this. Refinancing, new homes, homes in trouble. If we want to get a real stimulus going we need to do just what they are talking about in this video.
We, as Realtors, need to talk about this to everyone we can talk to. The gentleman in this video , a banker is talking about how the banks are at capacity in the filings of refinancing. Sooooo maybe you will need to hire some more people to fill the need to respond to all these refinancings and new home purchases with a mortgage rate of 4%. Imagine giving jobs to people to help people move money. What a concept.
What do you think?
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