Interest rates

Some relief seems to be on the way for those buying and selling homes this month. In general, interest rates are falling to all time lows. I think I heard 4.75% (fixed) for a 30 year conventional loan today. I say, wow! One of my lenders is even offering a credit for the loan processing fee she charges at the close of escrow for any new loans this month.


Now might be the time to take a look and see what you're currently paying in interest and you may want to consider re-financing right now. What a wonderful Christmas gift to your pocket book! It's also a wonderful time to make a move. I know, you think I'm crazy, but hear me out. Because so many people distracted by the holidays, now would be an excellent time to jump off that fence and take advantage of the low prices and rates. Even selling in these times can be quite strategic. What do you mean you ask? Well, although the market is soft and top dollar for you existing home is unlikely, you have an wonderful opportunity making your money on the purchase of your next home at a great price. Additionally, because of the present time of the year, there will be less competition for the marketing and sale of your existing home. Now do you see what I mean? You can be a successful investor in any type of market, you just need to shift your thinking.

I'd be happy to discuss this or any other real estate ideas and strategies with you. Feel free to call or email me.