Short term interest rates have been lowered a half percent yesterday by the Federal Reserve aka FEDS. Long term rates will follow. Perfect time to buy is now. Lower interest rates means lower monthly payments. It will cost you less to live in a house today then had you purchased a year ago. Home prices have fallen and along with it the interest you will pay on a mortgage.
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Concetta Pepenella 718-226-7100
Appleseed Realty GMAC
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