Waiting for interest rates to drop?
If you're waiting for interest rates to drop again, it could be sooner than you think. Everyone will be watching when the Fed meets September 18th, 2007. With the current lending crisis and even big lenders like Countrywide in trouble, the Fed may have to take action. This in combination with the global stock market reaction to lending crisis has economists saying it is just a matter of time before the Fed gets involved. It is rare that they would do anything before their next scheduled meeting but if you are thinking of refinancing and still sitting on an ARM, you may want to give it just one more month before you pull the trigger.
If you are thinking of moving, contact us now! Rates are low, and possibly going lower and inventory is high- a great combination for buyers! Go to http://www.sherryandmaria.com/ for free home searches of all properties in the area- Alpharetta, Johns Creek, Suwanee, Cumming, Duluth, Roswell and more! We look forward to working with you. Work with an agent that knows the market and knows the numbers!
Welcome Home
Sherry and Maria Team
Sherry 678-283-1710
Maria 678-548-5513
Double the service...Twice as many reasons to let us help with your next move
Comments(0)