Now is a Great Time to Take Advantage of Historically Favorable Loan Rates

By
Real Estate Broker Owner with West Group Real Estate

With real estate prices low, in my opinion now is a great time to take advantage of historically favorable loan rates. I am not a lender, but I have heard reports that the Fed kept rates unchanged, indicating they would try to keep rates low for some time, and warned that long term security purchases would cease at the end of the 1st quarter in 2010. For the week interest rates fell by more than a 1/4 of a discount point.

Low mortgage rates plus Low real estate market values equal great opportunity.

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Topic:
Home Buying
Location:
Idaho
Groups:
Investors
Tags:
advantage
historically favorable
loan rates
prices
low
rates fell
mortgage
market
value
opportunity

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Harley Wilcox

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Additional Information

Harley Wilcox: Investing, Selling and Buying Real Estate