Special offer

Article on MSNBC about Record Low Mortgage Rates

By
Real Estate Agent with Aubrey and Associates Realty

I saw this article on MSNBC.com and wanted to share it with you.  It does contain a couple of D'oh lines about why these incredibly low rates aren't stimulating housing sales, but in all I find it interesting that our rates are still at record lows.  If we could just get consumer confidence back, (that and job security) sales should start to rise.  I personally don't think we will see an almost nationwide boom like we saw 5 or 6 years ago, but a healthy increase annually would really be nice! 

Here is the link to the article: 

http://www.msnbc.msn.com/id/37896585/ns/business-real_estate/?gt1=43001

 

Posted by

If you're looking to buy or sell real estate in South Davis County, Utah; please give us a call.  We would love to earn your business!

Comments(7)

Ann Hayden 636-399-7544
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri - Des Peres, MO
SelectAnn.com

Tony and Darcy,

Jobs are what we need!

Ann Hayden in Wildwood, MO

Jun 25, 2010 01:15 AM
Lori Cofer
Beasley Realty - Moscow, ID
REALTOR, Moscow Idaho Real Estate

"a healthy increase annually would really be nice"

 

You can say that again.....  The homes market won't turn around until unemployment comes down from 10%.

 

Thanks for sharing,

Lori Cofer

 

 

 

Jun 25, 2010 10:21 AM
Rosalinda Morgan
Brookville, NY
"The Rose Lady"

Tony and Darcy,

Every Monday morning at our meeting, we echo the same sentiment - when do we see the turnaround?  The mortgage rate is historically low but the buyers are nowhere in sight.

Jun 26, 2010 12:06 PM
Robert Vegas Bob Swetz
Las Vegas, NV

Hello Tony & Darcy and I have to agree with Rosalinda and did I see your name mentioned on my latest post?

VB ;-)

Jun 26, 2010 01:35 PM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Tony and  Darcy any type of stable growth would be nice.  There other factors in the economy that will have to be addressed, such as the employment issue before people get the confidence to pick up pace.

Jun 28, 2010 01:19 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Tony and  Darcy any type of stable growth would be nice.  There other factors in the economy that will have to be addressed, such as the employment issue before people get the confidence to pick up pace.

Jun 28, 2010 01:19 AM
Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Ann, I couldn't agree more!

Lori, that is the main factor in this recession, unemployment.

Rosalinda,  I really believe that putting people back to work needs to happen prior to any sort of turn around.

Bob,  I do agree also, and I will have to look four our name in your post, sorry we had a family reunion this weeked and didn't get much done on active rain.

Jennifer, I agree!

Jun 28, 2010 06:12 AM