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| Buy or Refinance: Could rates drop to 4.5%? |
Home owners and first-time buyers on Trulia are eagerly awaiting the news: will the Treasury drive interest rates below 5% for new loans? While lower interest rates won’t solve our housing market problems overnight, it may just be the incentive needed for some first-time buyers.The latest poll of first-time buyers on Trulia’s Housing Crisis Center shows that 48% are still planning to buy in less than 6 months and 27% will buy within the next 6-12 months. So if you’re even considering buying or selling, read on for tips on how to prepare!  |
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Could mortgage rates be dropping to 4.5%? |
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Could Mortgage Rates Be Going to 4.5%?
Today it was reported by anonymous sources that Treasury Secretary Henry Paulson is considering purchasing many more mortgage backed securities issuecd by Fannie Mae and Freddie Mac that would be used to press the mortgage interest rates down to 4.5%. Apparently, this would only be for…. see more or reply |
| Written by Jeff Launiere, Real Estate Professional, Tampa, FL |
| More tips: |
| A buyer’s perspective: 4.5% Mortgage Rates for you and Me? |
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Should You Buy or Refinance? |
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What If Mortgage Rates Fell To 4.5% - Would You BUY or REFI?
Real Estate sales have slowed. Nobody knows what this afternoon’s headline will scream. So it’s seems best to stop, stoop, rock, wait, twiddle thumbs or wring hands. It seems logical doesn’t it? Ahhh… see more or reply |
| Written by Ken Brand, Real Estate Professional in Woodlands, TX |
| More tips: |
| Refinance out of chapter 13 bankrupcy to lower monthly payments |
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Buying a Bank Owned house |
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What Controls Interest Rates?
Days before the Federal Reserve Board plans to meet, the media starts reporting on anticipated rate cuts or rate hikes. This helps contribute to the misconception that a Fed rate cut means…
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| Written by Pam Simpson, Real Estate Professional, Senatobia, MS |
| More tips: |
| Q: What’s the difference between interest rate and APR |
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housing crisis center, interest rates, lower monthly payments bankrupcy, mortgage rates, refinance, Trulia Challenge
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