I really can't believe how good rates have been and continue to be! All of my clients say the same thing when we get their purchases or refis done lately. And the simple facts are that these rates won't hold here forever. So, I guess my advice is, if your on the fence about a refi, DO IT NOW!! And if you are purchasing a home, DO IT SOON!! Push your clients and friends to help them save their hard earned money. Rates are great and the tax credits will end soon. I hope everyone in the Rain is as swamped as I am right now! Be there for your clients and continue to work for those referrals... This thing is turning around, and those of us who stuck it out will prosper soon....
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Weichert Realtors Appleseed Group, 2043 Richmond Ave. S.I.N.Y. 10314. office phone 718-698-9797, Appleseedhomes.com... - Staten Island, NY
NYS Licensed Real Estate Salesperson
Westlake Village home buyers and sellers Thousand Oaks homes - Westlake Village, CA
Conejo Valley and Simi Valley Realtor
Matt, I agree. At some point in the near future rates will go up again. There may not be another time such as this time for first-time buyers to save so much money when they buy a home of their own. The tax credit combined with the low rates creates a very, very lucrative reward.
Nov 24, 2009 03:15 AM
410-935-5844 Office - Baltimore, MD
Matt,
Yes, indeed, this is the time to refi or buy. Even if property values still fall a bit, the rates are only likely to increase, which would offset any lower value benefits.
Nov 24, 2009 03:21 AM
Rainer
26,895
26,895
Matt Odell
Home Mortgage Specialist with GVC Mortgage-Carmel
Service Areas
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Mortgage / Finance
about 15 years ago
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