More on 2008 Mortgage Rates and the Real Estate Market in Northern Virginia
January 29th, 2008 Categories: Buying, Financing, Keller Williams
Since i’ve been on the theme of mortgage rates and financing of late, I thought I would add one more post about the issue.
Mortgage rates are at their lowest since 2004.
If you take a look at all of the information available out there today on historical mortages rates, whether they’re 30 yr, 15 yr, ARM, etc, they’re all low! And it’s rumored with another Fed meeting scheduled for tomorrow, they could go even lower. I would just like to make very clear a few points about today’s market:
-Low mortage rates
-An abundance of houses on the market for sale
-Steep decline in sales price
Now what does this mean for the buyers in Northern Virginia?? BUY. And buy now. Let’s go shopping for your new home today!
1 Comment »
RSS feed for comments on this post. TrackBack URI
[…] More on 2008 Mortgage Rates and the Real Estate Market in Northern … -Low mortage rates. -An abundance of houses on the market for sale. -Steep decline in sales price. Now what does this mean for the buyers in Northern Virginia?? BUY. And buy now. Let’s go shopping for your new home today! Share This. […]
Pingback by Buy To Let on The Finance World For News and Information Around The World On Finance » Blog Archive » More on 2008 Mortgage Rates and the Real Estate Market in Northern … — March 18, 2008 #