Rates Are LOW, LOW, LOW
December 5th, 2008 Posted in UncategorizedThe average rate on a 30 year fixed rate mortgage came down to 5.25% this week. The rates have been holding closer to 6% the last couple of weeks, but with the injection of capital recently, rates have dropped . I believe the real estate market is near a bottom, so if you’ve been on the fence about buying– get off.
While all others are wallowing in the negativity of the news, the true believers getting ready to make a fortune. Real Estate is still a solid investment for the long term. Our population grows every year and there still not making any more land. Think for yourself, don’t be a sheep!!