We just received this from a lender in our area. Even though our rates are still very low, it does get you stirred up to inform thoses buyers and sellers on the fence.
What's Going on with Inflation and Interest Rates?
If you've seen the news lately, you know concerns about inflation are increasing. But what does it really mean to you?
The fact is, inflation is a very serious issue, and it will likely be on the rise as 2009 proceeds...and along with it, home loan rates will rise too.
To help you learn more about this important topic, I want to send you a link to a short video, featuring the nation's foremost mortgage industry expert. In this video, you'll learn how inflation impacts interest rates and what the outlook is for down the road.
Because home loan rates will be on the rise, if you or any of your family, friends, neighbors or co-workers have been considering a purchase or refinance, now's the time to act. [Shellie Isakson, Platinum Community Mortgage]