Do People Realize the Opportunity?

Posted on November 23, 2009. Filed under: National |

I am just wondering if everyone who has considered buying a house is realizing what an opportunity is in front of them. This may be the best chance in a generation for you to get your dream house.

Rates for 30-year mortgages approached the all-time low of 4.78 percent again last week, falling to 4.83 percent from an average of 4.91 percent a week ago. The 15-year rate did reach a new bottom, dipping from 4.40 percent to 4.32 percent — the lowest level since Freddie Mac began tracking rates in 1991. Wellesley College economist Karl Case says the Federal Reserve’s efforts to purchase mortgage-backed securities from Fannie Mae and Freddie Mac is lowering rates on home loans. This is from the Tennessee Association of Realtors®

In order to get the word out, I am planning to run the ad found at Look at the ad and comeback here to vote.

What do you think?



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