How Long Will Rates Stay Low ???

By
Real Estate Agent with Keller Williams Group One, Inc.

These are the questions we get asked every week. Are they going lower? Will they stay low? How long before they go up? What if we buy and they go lower? WOW ! Let me get my crystal ball and I will get back to you. What a crazy time in our market, who would have thought rates would still be around 5% in mid 2010, not us ! All we can tell buyers is... It cannot and will not stay this low for to much longer, it just can't. The market will not allow it. At these home prices and with these low rates, do not make the mistake and wait for a "better time or a better deal" The clock it ticking ! BUY NOW.    

Comments (1)

Shannon Lewis
Beringer Realty - Champaign, IL
Realtor, Broker - Champaign-Urbana, IL

Me, too...I definitely thought rates would be higher at this point. They started going up, but dropped again! What a fantastic time to be a home buyer!!!

Jun 01, 2010 03:58 PM