MORTGAGE RATES KEEP DROPPING
IF YOU ARE WAITING FOR HOME PRICES TO DROP even more, you may be MISSING OUT on some great deals. Interest rates have continued to drop consistently over the past six weeks. The difference of a 1/4 % in rate can allow you to buy quite a bit more house for your money. I recently found excellent rates for two of my buyers. The properties they purchased were sold exactly where the comps have been, and my buyers got rates for under 4.5 %! WHAT I’M TRYING TO TELL YOU is don’t wait for prices to drop even more. Find the house you really want and LOCK IN A SUPER Rate that will save you more money in the life of your loan than in the better price you thought you’d get later. Check out this article and see where rates are going.
http://www.signonsandiego.com/news/2011/jun/02/mortgage-rates-keep-dropping-freddie-mac-says/
