OfflineRead the whole story here:
http://www.msnbc.msn.com/id/38770102/ns/business-real_estate/
While it is great news for those that have great credit and need a home loan; falling rates this low is a sign that the financial markets believe we are going into a deeper recession. It's all about perspective.
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Always Looking to Acquire Houses | Always Looking to Amaze Investors
Hi Bill an thanks for the new info an it certainly shows they are trying any thing an ever thing on trying to get people to BUY, much appreciated, Jim
jbischoff
yes, they did drop below 4% but not for very long... those who were able to buy or refinance at 3.96% - great job!
But I don't see how with this economy, and all the people without jobs, that many are able to take advantage of this opportunity.
And those who do have jobs, and have good credit and could possibly refinance, well, their houses are underwater, so they can't!
Learning and progressing every day,
Val
Valerie
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