Wednesday, May 16, 2012

Interest rates hit all time low last week!

Can you imagine seeing interest rates down at the 3% level?  They hit the lowest point ever this past week. Now is the time to buy if you will be getting a mortgage. This past week, I had a buyer getting
a loan in excess of $135,000 and is paying less than $800 a month for principle, interest, taxes, and
insurance. This sure beats paying $1200 in rent and gaining no equity.

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